Section 341 of Companies Act, 2013 – Liability under sections 339 and 340 to extend to partners or directors in firms or companies

  • Updated Till : May 16, 2024

SECTION 341. LIABILITY UNDER SECTIONS 339 AND 340 TO EXTEND TO
PARTNERS OR DIRECTORS IN FIRMS OR COMPANIES

[Effective from 9th September, 2016 (to the extent of their applicability to Section 246), complete section effective from 15th December, 2016]

Where a declaration under section 339 or an order under section 340 is made in respect of a firm or body corporate, the Tribunal shall also have power to make a declaration under section 339, or pass an order under section 340, as the case may be, in respect of any person who was at the relevant time a partner in that firm or a director of that body corporate.

 

One response to “Section 341 of Companies Act, 2013 – Liability under sections 339 and 340 to extend to partners or directors in firms or companies”

  1. This is a topic that is near to my heart… Take care!
    Exactly where are your contact details though?

Leave a Reply

Your email address will not be published. Required fields are marked *

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates