https://www.taxtmi.com/caselaws?id=101394 Failure by a receiver to file the half-yearly abstract of accounts under the Companies Act is a completed offence when the relevant half-year ends; it does not continue until later compliance. Because the offence is punishable with fine only and the Companies Act provides no special limitation rule, the limitation period under the Code of Criminal Procedure applies, and section 472 does not extend the time on a continuing-offence basis. Cognizance taken after the prescribed limitation period is therefore without jurisdiction. On the stated facts, cognizance was in time only for the complaint relating to the last half-year period, while the remaining complaints were time-barred. en-us Wed, 25 May 1983 00:00:00 +0530 Thu, 09 Feb 2012 16:11:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101394 Failure by a receiver to file the half-yearly abstract of accounts under the Companies Act is a completed offence when the relevant half-year ends; it does not continue until later compliance. Because the offence is punishable with fine only and the Companies Act provides no special limitation rule, the limitation period under the Code of Criminal Procedure applies, and section 472 does not extend the time on a continuing-offence basis. Cognizance taken after the prescribed limitation period is therefore without jurisdiction. On the stated facts, cognizance was in time only for the complaint relating to the last half-year period, while the remaining complaints were time-barred. Case-Laws Companies Law Wed, 25 May 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101394