1978 (8) TMI 169 - HC - Companies Law

Accounts Annual accounts and balance sheet, Offences against the act to be cognizable only on complaints by registrar, etc.

Summary

The High Court of Calcutta dismissed the application to quash proceedings against directors of Lahiris Architectural Industries for not laying balance-sheet and profit and loss account at the annual general meeting. The complaint was filed within the time limit, and the Assistant Registrar of Companies was competent to file the complaint. The rule was discharged.