1984 (3) TMI 325 - HC - Companies Law

Summary

The High Court of Calcutta ruled in a case involving a complaint under section 220(3) read with section 162(1) of the Companies Act, 1956. The complaint was time-barred as it was filed after the limitation period of six months. The court quashed the proceedings, stating that the offence was not a continuing one. The application was successful, and no costs were awarded.