Failure to get its cost accounting records to be audited by a ...
Case Laws Companies Law
October 23, 2023
Failure to get its cost accounting records to be audited by a Cost Auditor - Since complaint was filed on 30.05.2017, complaint is well within time. The date of filing the complaint would be criteria and not the date on which the Court takes cognizance of the offences in the said complaint. For the said reason, the ground of complaint being barred by limitation cannot be accepted - Since the company itself had mentioned that the industry is “Edible Oil Seeds and Oils (including vanaspati) industry", the same cannot be determined in the proceedings for quashing the complaint. - HC
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