The whole point of Ltd liability is to limit the liability of the shareholders. Unless a shareholder or director has given personal guarantees, and as long as the director has not acted fraudulently or negligently then there is no further personal liability.
There is an Indian connection to this with a familiar name that came up on google
The original CP Artha indian website gave investment examples including a football club one that had sales of players financing liabilities but that seems to gone now.
His house would appear to be worth in excess of £1.5m. He bought it in 2002 for less than 800k. IF he has any sense it will be in his wife's (or dog's) name so I doubt he will be without a roof over his head. Small beer when compared to Joy's London pad though.
Owners and directors of limited companies are not personally liable beyond their investment, they can lose their investment but it is only the assets of the company that can be used to pay off the debts they incurr, that is the whole point of them!