https://www.taxtmi.com/caselaws?id=114043 The Court quashed criminal proceedings under the Companies Act against the petitioner for non-compliance offenses related to specific financial years. The petitioner's proactive resignation as director, submission of resignation letter, and filing of Form No. 32 were deemed sufficient, absolving him of liability for the company's non-compliance during the relevant period. Consequently, the Court allowed the petitions and dismissed the criminal proceedings initiated against the petitioner in multiple cases before the Special Court of Economic Offences in Bangalore. en-us Wed, 11 Feb 2009 00:00:00 +0530 Thu, 10 May 2012 11:57:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114043 The Court quashed criminal proceedings under the Companies Act against the petitioner for non-compliance offenses related to specific financial years. The petitioner's proactive resignation as director, submission of resignation letter, and filing of Form No. 32 were deemed sufficient, absolving him of liability for the company's non-compliance during the relevant period. Consequently, the Court allowed the petitions and dismissed the criminal proceedings initiated against the petitioner in multiple cases before the Special Court of Economic Offences in Bangalore. Case-Laws Companies Law Wed, 11 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114043