https://www.taxtmi.com/caselaws?id=463807 HC quashed prosecutions filed under various provisions of the Companies Act, holding the complaints barred by limitation. The court found complainants failed to allege dates of seeking or receiving requisite sanction and could not rely on belated knowledge or superior officers' instructions to extend limitation. Applying Section 470(3) Cr.P.C. and its explanation, the HC emphasized exclusion of time requires specific dates for applications and orders. Invoking its Section 482 Cr.P.C. jurisdiction to prevent harassment and needless trial, the HC allowed the petitions and set aside the trial proceedings. en-us Wed, 12 Jan 2022 00:00:00 +0530 Wed, 17 Sep 2025 13:16:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463807 HC quashed prosecutions filed under various provisions of the Companies Act, holding the complaints barred by limitation. The court found complainants failed to allege dates of seeking or receiving requisite sanction and could not rely on belated knowledge or superior officers' instructions to extend limitation. Applying Section 470(3) Cr.P.C. and its explanation, the HC emphasized exclusion of time requires specific dates for applications and orders. Invoking its Section 482 Cr.P.C. jurisdiction to prevent harassment and needless trial, the HC allowed the petitions and set aside the trial proceedings. Case-Laws Companies Law Wed, 12 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463807