https://www.taxtmi.com/caselaws?id=221398 Former directors who had resigned before the alleged company-law defaults could not be fastened with criminal liability for later non-compliances under the Companies Act. The petitioners had ceased to be directors in August 2000, while the alleged failures relating to appointment of a whole-time company secretary, filing of financial statements and annual return, and appointment of a managing director were said to have occurred in 2003-2004; the Kerala HC held that, once the resignation was established and accepted in connected proceedings, prosecution for those subsequent defaults was not sustainable and the criminal proceedings were quashed. en-us Mon, 15 Oct 2012 00:00:00 +0530 Sat, 09 Mar 2013 11:07:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221398 Former directors who had resigned before the alleged company-law defaults could not be fastened with criminal liability for later non-compliances under the Companies Act. The petitioners had ceased to be directors in August 2000, while the alleged failures relating to appointment of a whole-time company secretary, filing of financial statements and annual return, and appointment of a managing director were said to have occurred in 2003-2004; the Kerala HC held that, once the resignation was established and accepted in connected proceedings, prosecution for those subsequent defaults was not sustainable and the criminal proceedings were quashed. Case-Laws Companies Law Mon, 15 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221398