Yes, there is no time limit for the court to take cognizance of an offence if the punishment for that offence is more than 3 years.
In such cases, the court will not refuse to consider such case as time-barred since, as mentioned above, there is no limitation period prescribed under law.
However, if there an abnormal delay in filing the FIR / complaint, while such case will not be time-barred, the credibility of the FIR will go down substantially, and the court may consider the complaint as being a premeditated and planned one.
Also see the reply: Condonation of Delay.
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