https://www.taxtmi.com/caselaws?id=102249 Section 630 of the Companies Act is a beneficent but penal provision enabling a company to recover property wrongfully withheld by an officer or employee. The wrongful withholding is a continuing offence, because it lasts so long as the company's property remains in the accused's possession after termination of employment or office. On that reasoning, the limitation objection under section 468(2)(a) CrPC was rejected, since the complaint was not barred merely because the accused had ceased to be a director long before filing. en-us Wed, 12 Feb 1992 00:00:00 +0530 Tue, 14 Feb 2012 12:21:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102249 Section 630 of the Companies Act is a beneficent but penal provision enabling a company to recover property wrongfully withheld by an officer or employee. The wrongful withholding is a continuing offence, because it lasts so long as the company's property remains in the accused's possession after termination of employment or office. On that reasoning, the limitation objection under section 468(2)(a) CrPC was rejected, since the complaint was not barred merely because the accused had ceased to be a director long before filing. Case-Laws Companies Law Wed, 12 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102249