https://www.taxtmi.com/caselaws?id=213359 A prosecution for false corporate disclosure could not be sustained where the balance-sheet was duly filed and signed as required, and the only defect was an erroneous entry in the accompanying Form 23AC. In the absence of any allegation that the balance-sheet itself contained a false, misleading, or concealed material statement, a mere clerical or typographical mistake in the forwarding form did not satisfy the ingredients of section 628 of the Companies Act, 1956. The Court stated that the proper course was correction of the form, not prosecution, and the proceedings were therefore liable to be quashed under section 633(2). en-us Tue, 14 Jun 2011 00:00:00 +0530 Fri, 08 Feb 2013 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213359 A prosecution for false corporate disclosure could not be sustained where the balance-sheet was duly filed and signed as required, and the only defect was an erroneous entry in the accompanying Form 23AC. In the absence of any allegation that the balance-sheet itself contained a false, misleading, or concealed material statement, a mere clerical or typographical mistake in the forwarding form did not satisfy the ingredients of section 628 of the Companies Act, 1956. The Court stated that the proper course was correction of the form, not prosecution, and the proceedings were therefore liable to be quashed under section 633(2). Case-Laws Companies Law Tue, 14 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213359