https://www.taxtmi.com/caselaws?id=97763 A director charged with breach of statutory duties under the Companies Act, 1913 could not avoid liability by relying on the absence of a general meeting where the accused officers were themselves responsible for that omission. The Court held that the duty to prepare and file the shareholders' list and summary, and to lay the balance-sheet and profit and loss account before the company in general meeting, was not extinguished by the failure to hold the meeting. The obligation to convene the meeting was a separate duty with its own penalty and did not displace liability for the statutory defaults. The contrary view was rejected, and the acquittal was set aside. en-us Fri, 23 Sep 1960 00:00:00 +0530 Mon, 08 Sep 2014 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97763 A director charged with breach of statutory duties under the Companies Act, 1913 could not avoid liability by relying on the absence of a general meeting where the accused officers were themselves responsible for that omission. The Court held that the duty to prepare and file the shareholders' list and summary, and to lay the balance-sheet and profit and loss account before the company in general meeting, was not extinguished by the failure to hold the meeting. The obligation to convene the meeting was a separate duty with its own penalty and did not displace liability for the statutory defaults. The contrary view was rejected, and the acquittal was set aside. Case-Laws Companies Law Fri, 23 Sep 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97763