https://www.taxtmi.com/caselaws?id=302549 Non-filing of annual returns, balance sheet and profit and loss account under the Companies Act, 1956 was treated as a one-time default that becomes complete when the statutory due date expires, rather than a continuing offence. The Madras HC applied the limitation rule under Section 468 CrPC on the basis that the offences were punishable only with fine under Section 162, so the applicable limitation period was six months. Because the complaints were filed almost three years after the show cause notice, they were held to be beyond limitation and liable to be quashed. en-us Fri, 05 Oct 2018 00:00:00 +0530 Sat, 04 Jun 2022 08:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302549 Non-filing of annual returns, balance sheet and profit and loss account under the Companies Act, 1956 was treated as a one-time default that becomes complete when the statutory due date expires, rather than a continuing offence. The Madras HC applied the limitation rule under Section 468 CrPC on the basis that the offences were punishable only with fine under Section 162, so the applicable limitation period was six months. Because the complaints were filed almost three years after the show cause notice, they were held to be beyond limitation and liable to be quashed. Case-Laws Companies Law Fri, 05 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302549