https://www.taxtmi.com/caselaws?id=110244 Where a company's name is being struck off under the Companies Act and the statutory exit process is substantially complete, continuation of criminal prosecution for the same default becomes unsustainable. The note explains that once the company has applied for strike-off, the application has been favourably considered, public notice has been issued, and only final Gazette publication remains, the dissolution scheme under section 560, including sub-section (5), points towards cessation of the company's legal existence. In that setting, pursuing prosecution is described as unnecessary and inconsistent with the department's own strike-off course. en-us Thu, 28 Oct 2004 00:00:00 +0530 Sat, 14 Apr 2012 13:18:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110244 Where a company's name is being struck off under the Companies Act and the statutory exit process is substantially complete, continuation of criminal prosecution for the same default becomes unsustainable. The note explains that once the company has applied for strike-off, the application has been favourably considered, public notice has been issued, and only final Gazette publication remains, the dissolution scheme under section 560, including sub-section (5), points towards cessation of the company's legal existence. In that setting, pursuing prosecution is described as unnecessary and inconsistent with the department's own strike-off course. Case-Laws Companies Law Thu, 28 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110244