Section 341. Liability under sections 339 and 340 to extend to partners or directors in firms or companies
Effective from 09/09/2016 to the extent of their application for section 246 and for other case, effective from 15-12-2016
Where a declaration under section 339 or an order under section 340 is made in respect of a firm or , the 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.
2(11) Body Corporate includes a company incorporated outside India, but does not include—
(i) a co-operative society registered under any law relating to co-operative societies; and
(ii) any other body corporate (not being a company as defined in this Act), which the Central Government may, by notification, specify in this behalf
2(90) Tribunal means the National Company Law Tribunal constituted under section 408
Enforcement Notification [S.O 2192 (E)] dated 09/09/2016