https://www.taxtmi.com/caselaws?id=302552 Failure to file annual returns and financial statements within the statutory time was treated as a continuing offence because the Companies Act, 1956 scheme imposes a fine for every day of default until compliance. On that basis, the bar of limitation under the Criminal Procedure Code did not apply and the complaints were not time-barred. A separate objection that show-cause notice was not issued or served was treated as a disputed factual issue, suitable for trial and not for quashing proceedings. The defect was therefore not a ground for interference at the threshold. en-us Tue, 11 Jan 2022 00:00:00 +0530 Sat, 04 Jun 2022 08:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302552 Failure to file annual returns and financial statements within the statutory time was treated as a continuing offence because the Companies Act, 1956 scheme imposes a fine for every day of default until compliance. On that basis, the bar of limitation under the Criminal Procedure Code did not apply and the complaints were not time-barred. A separate objection that show-cause notice was not issued or served was treated as a disputed factual issue, suitable for trial and not for quashing proceedings. The defect was therefore not a ground for interference at the threshold. Case-Laws Companies Law Tue, 11 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302552