https://www.taxtmi.com/caselaws?id=101725 Failure to file the balance sheet and profit and loss account within the statutory time was held not to be a continuing contravention. The obligation under the Companies Act was complete on expiry of the filing period, and the presence of a penal provision measuring fine by the period of default did not by itself convert the omission into a continuing offence. A continuing offence arises only where the statute expressly or by necessary implication creates an ongoing duty. On that basis, section 472 CrPC did not apply, limitation under section 468 CrPC was not extended, and the complaint was treated as time-barred. en-us Fri, 04 Sep 1987 00:00:00 +0530 Fri, 10 Feb 2012 18:01:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101725 Failure to file the balance sheet and profit and loss account within the statutory time was held not to be a continuing contravention. The obligation under the Companies Act was complete on expiry of the filing period, and the presence of a penal provision measuring fine by the period of default did not by itself convert the omission into a continuing offence. A continuing offence arises only where the statute expressly or by necessary implication creates an ongoing duty. On that basis, section 472 CrPC did not apply, limitation under section 468 CrPC was not extended, and the complaint was treated as time-barred. Case-Laws Companies Law Fri, 04 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101725