https://www.taxtmi.com/caselaws?id=303244 Section 210 of the Companies Act, 1956 cannot be avoided by a company relying on its own failure to convene the annual general meeting; the statutory duty to place the balance sheet and profit and loss account before the meeting remains enforceable, and the prosecution was not defeated on that ground. The limitation objection also failed because the offence is punishable with imprisonment up to six months or fine or both, attracting the one-year period under Section 468(2)(b) of the Code of Criminal Procedure, 1973; the complaint was filed within time. The quashing petition therefore could not succeed and the Magistrate proceedings were allowed to continue. en-us Fri, 15 Jun 1990 00:00:00 +0530 Mon, 11 Jul 2022 13:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303244 Section 210 of the Companies Act, 1956 cannot be avoided by a company relying on its own failure to convene the annual general meeting; the statutory duty to place the balance sheet and profit and loss account before the meeting remains enforceable, and the prosecution was not defeated on that ground. The limitation objection also failed because the offence is punishable with imprisonment up to six months or fine or both, attracting the one-year period under Section 468(2)(b) of the Code of Criminal Procedure, 1973; the complaint was filed within time. The quashing petition therefore could not succeed and the Magistrate proceedings were allowed to continue. Case-Laws Companies Law Fri, 15 Jun 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303244