https://www.taxtmi.com/caselaws?id=98496 Repeated failures to hold the annual general meeting, place accounts before the meeting, and file annual returns and accounts were treated as one continuous course of statutory non-compliance, so joinder of the complaints and accused was permissible because the defaults formed the same transaction. A director may be treated as an officer in default where he knowingly is guilty of the omission or knowingly and wilfully authorises or permits it. Promoters and first directors remain bound to ensure compliance, and the company's non-functioning is not a legal excuse while it remains unliquidated. The convictions were upheld. en-us Thu, 14 Jul 1966 00:00:00 +0530 Fri, 20 Jan 2012 17:54:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98496 Repeated failures to hold the annual general meeting, place accounts before the meeting, and file annual returns and accounts were treated as one continuous course of statutory non-compliance, so joinder of the complaints and accused was permissible because the defaults formed the same transaction. A director may be treated as an officer in default where he knowingly is guilty of the omission or knowingly and wilfully authorises or permits it. Promoters and first directors remain bound to ensure compliance, and the company's non-functioning is not a legal excuse while it remains unliquidated. The convictions were upheld. Case-Laws Companies Law Thu, 14 Jul 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98496