https://www.taxtmi.com/caselaws?id=210950 Prosecution for non-filing of an annual return under the Companies Act was treated as a continuing offence because the statutory scheme imposes a daily fine for each day of default. The obligation applies to the company and the officers in default, and the continuing nature of the breach attracts Section 472 of the Code of Criminal Procedure, so a fresh limitation period runs during the continuance of default and Sections 468 to 471 do not bar the proceeding. The material also disclosed no ground to interfere with the summoning order under inherent jurisdiction. en-us Fri, 09 Dec 2011 00:00:00 +0530 Tue, 12 Feb 2013 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210950 Prosecution for non-filing of an annual return under the Companies Act was treated as a continuing offence because the statutory scheme imposes a daily fine for each day of default. The obligation applies to the company and the officers in default, and the continuing nature of the breach attracts Section 472 of the Code of Criminal Procedure, so a fresh limitation period runs during the continuance of default and Sections 468 to 471 do not bar the proceeding. The material also disclosed no ground to interfere with the summoning order under inherent jurisdiction. Case-Laws Companies Law Fri, 09 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210950