https://www.taxtmi.com/caselaws?id=303243 Defaults in filing annual returns and balance sheets, and in holding the annual general meeting, were treated as continuing offences because the statutory duties continued day to day until performed; limitation therefore did not bar the complaints under Sections 159 read with 162, 166 read with 168, and 220 of the Companies Act, 1956. By contrast, Section 210 required an actual annual general meeting and a failure to lay the balance sheet and profit and loss account before it. As the complaint did not aver that such a meeting had been held, the ingredients of Section 210 were not made out, and that proceeding was quashed. en-us Mon, 07 Mar 1988 00:00:00 +0530 Mon, 11 Jul 2022 13:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303243 Defaults in filing annual returns and balance sheets, and in holding the annual general meeting, were treated as continuing offences because the statutory duties continued day to day until performed; limitation therefore did not bar the complaints under Sections 159 read with 162, 166 read with 168, and 220 of the Companies Act, 1956. By contrast, Section 210 required an actual annual general meeting and a failure to lay the balance sheet and profit and loss account before it. As the complaint did not aver that such a meeting had been held, the ingredients of Section 210 were not made out, and that proceeding was quashed. Case-Laws Income Tax Mon, 07 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303243