https://www.taxtmi.com/caselaws?id=112195 The court dismissed the revision petition, upholding the mandatory nature of filing balance sheets and profit and loss accounts under Section 220(1) of the Companies Act, 1956. The petitioners' failure to comply due to the non-appointment of a statutory auditor did not exempt them from this obligation. The court found no jurisdictional error in the magistrate's order and directed parties to bear their own costs. en-us Fri, 29 Jun 2007 00:00:00 +0530 Fri, 27 Apr 2012 10:48:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112195 The court dismissed the revision petition, upholding the mandatory nature of filing balance sheets and profit and loss accounts under Section 220(1) of the Companies Act, 1956. The petitioners' failure to comply due to the non-appointment of a statutory auditor did not exempt them from this obligation. The court found no jurisdictional error in the magistrate's order and directed parties to bear their own costs. Case-Laws Companies Law Fri, 29 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112195