TMI Blog1972 (3) TMI 50X X X X Extracts X X X X X X X X Extracts X X X X ..... ed company incorporated under the Indian Companies Act. Petitioners Nos. 2 and 3 are directors in this concern. Within thirty days from the date of the annual general meeting, the balance-sheet of the company should be filed with the Registrar of Companies. This was not filed for the year 1968. Therefore, they were prosecuted for an offence under section 220 of the Companies Act. The petitioners, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re to carry out the requirements of the section could have called the meeting, he cannot defeat the provisions of the section simply by not calling the meeting wilfully (vide State of Bombay v. Bandhan Ram Bhandani [1961] 31 Comp. Cas. 1 ; [1961] 1 SCR 1961 SC 186). The petitioners have been correctly convicted and the convictions are confirmed. The sentences of fine imposed on the petitioners ..... X X X X Extracts X X X X X X X X Extracts X X X X
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