Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2018 (6) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (6) TMI 1589 - Tri - Companies LawShell company - Strike of name of company by ROC u/s 248(5) - HELD THAT:- An amount of one lakh is lying in the accounts of the company. Counsel for the applicant is not in a position to show that the applicant company is carrying on its business as per its object. There is no record placed on file that the company is a going-concern and carrying on commercial activities. The company is a shell company. The application is devoid of merits. Therefore, stands dismissed.
|