https://www.taxtmi.com/caselaws?id=108123 Where allegations of Companies Act contraventions are connected with a charge of criminal breach of trust under section 409 IPC, the limitation period is governed by the more serious offence, so the bar under section 468 CrPC does not defeat the prosecution. The complaint also alleged that directors failed to disclose their interest and used a sham contract to divert company funds, making the case fit for trial against accused Nos. 1 to 3. However, the company itself was not shown to have committed the alleged misappropriation, so the proceedings could not be sustained against it and were quashed as against the company. en-us Wed, 07 Jun 2000 00:00:00 +0530 Fri, 30 Mar 2012 11:32:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108123 Where allegations of Companies Act contraventions are connected with a charge of criminal breach of trust under section 409 IPC, the limitation period is governed by the more serious offence, so the bar under section 468 CrPC does not defeat the prosecution. The complaint also alleged that directors failed to disclose their interest and used a sham contract to divert company funds, making the case fit for trial against accused Nos. 1 to 3. However, the company itself was not shown to have committed the alleged misappropriation, so the proceedings could not be sustained against it and were quashed as against the company. Case-Laws Companies Law Wed, 07 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108123