https://www.taxtmi.com/caselaws?id=97191 A director could not escape liability for failure to lay the balance-sheet before the company by relying on the separate default of not convening the annual general meeting; the omission to place the balance-sheet before the company was treated as an independent obligation, and liability was upheld. The prosecution also did not amount to double punishment, because failure to hold the meeting and failure to lay the balance-sheet were distinct offences capable of separate punishment. The plea of double jeopardy therefore failed. Limited relief was granted by reducing the sentence and directing refund of any excess fine collected. en-us Wed, 03 Sep 1952 00:00:00 +0530 Sat, 14 Jan 2012 12:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97191 A director could not escape liability for failure to lay the balance-sheet before the company by relying on the separate default of not convening the annual general meeting; the omission to place the balance-sheet before the company was treated as an independent obligation, and liability was upheld. The prosecution also did not amount to double punishment, because failure to hold the meeting and failure to lay the balance-sheet were distinct offences capable of separate punishment. The plea of double jeopardy therefore failed. Limited relief was granted by reducing the sentence and directing refund of any excess fine collected. Case-Laws Companies Law Wed, 03 Sep 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97191