https://www.taxtmi.com/caselaws?id=444779 The petitions challenging the continuation of criminal proceedings for violations of the Companies Act, 2013, were dismissed. The court concluded that the complaints, filed on 31.05.2017, were within the one-year limitation period, starting from the date of knowledge to the Registrar of Companies on 14.06.2016. The argument regarding the company's industry designation under Rule 3 of the Companies (Cost Records and Audit) Rules 2014 was not resolved and was directed to be addressed by the trial court. The trial court must consider the industry designation issue as no finding was provided on this matter. en-us Tue, 17 Oct 2023 00:00:00 +0530 Mon, 23 Oct 2023 08:45:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444779 The petitions challenging the continuation of criminal proceedings for violations of the Companies Act, 2013, were dismissed. The court concluded that the complaints, filed on 31.05.2017, were within the one-year limitation period, starting from the date of knowledge to the Registrar of Companies on 14.06.2016. The argument regarding the company's industry designation under Rule 3 of the Companies (Cost Records and Audit) Rules 2014 was not resolved and was directed to be addressed by the trial court. The trial court must consider the industry designation issue as no finding was provided on this matter. Case-Laws Companies Law Tue, 17 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444779