https://www.taxtmi.com/caselaws?id=98044 The court upheld convictions and sentences under sections 168 and 210(5) of the Companies Act, 1956, against a company and its directors for failure to hold annual general meetings and present financial documents. While fines for section 168 convictions were upheld, the appellate court overturned convictions for two directors under section 210(5), holding only the managing director responsible. The court rejected the argument that section 210(5) offenses are subsumed under section 168, emphasizing their distinct nature. The managing director's conviction under section 210(5) was upheld based on the principle of not benefiting from one's own wrong. en-us Wed, 08 May 1963 00:00:00 +0530 Thu, 19 Jan 2012 10:24:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98044 The court upheld convictions and sentences under sections 168 and 210(5) of the Companies Act, 1956, against a company and its directors for failure to hold annual general meetings and present financial documents. While fines for section 168 convictions were upheld, the appellate court overturned convictions for two directors under section 210(5), holding only the managing director responsible. The court rejected the argument that section 210(5) offenses are subsumed under section 168, emphasizing their distinct nature. The managing director's conviction under section 210(5) was upheld based on the principle of not benefiting from one's own wrong. Case-Laws Companies Law Wed, 08 May 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98044