57.
| (1)Notwithstanding anything in the Companies Act. No. 17 of 1982, where a company is wound up and where any tax to which that any company is liable cannot be recovered, then, every person who was a director of the company at any, time during the period in respect of 'which such tax is payable shall be jointly and severally liable for the payment of such tax unless he proves that the default in payment of tax cannot be attributed to any gross neglect, malfeasance or breach of duty on his part in relation to affairs of the company, and the provisions of this Act as to collection and recovery of tax shall apply accordingly. |
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| (2) Where a body of persons is dissolved and any tax to which such body of persons is liable, cannot be recovered then every person who was a partner or office-bearer of such body of persons at any time during the period in respect of which such tax is payable shall be jointly and severally liable for the payment of such tax unless he proves that the default in payment of due tax cannot be attributed to any gross neglect, malfeasance or breach of duty on his part in relation to the affairs of such unincorporate body and the provisions of this Act relating to collection and recovery of tax such apply accordingly, |
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Sri Lanka Consolidated Acts