https://www.taxtmi.com/caselaws?id=101504 Failure to file annual returns and balance-sheets within the prescribed time was treated as a completed statutory default, not a continuing offence. A continuing offence requires a breach that persists from day to day until compliance; the court held that the omission here ended when the filing period expired. The enhanced penalty under the Companies Act was regarded as a compliance measure, not a factor that turned the original default into a continuing breach. As a result, limitation under section 468 CrPC ran from the date of expiry of the filing period, and delayed cognizance of the complaints was barred. en-us Thu, 28 May 1987 00:00:00 +0530 Thu, 09 Feb 2012 18:54:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101504 Failure to file annual returns and balance-sheets within the prescribed time was treated as a completed statutory default, not a continuing offence. A continuing offence requires a breach that persists from day to day until compliance; the court held that the omission here ended when the filing period expired. The enhanced penalty under the Companies Act was regarded as a compliance measure, not a factor that turned the original default into a continuing breach. As a result, limitation under section 468 CrPC ran from the date of expiry of the filing period, and delayed cognizance of the complaints was barred. Case-Laws Companies Law Thu, 28 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101504