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2017 (12) TMI 1701 - Tri - Companies LawRestoration of the name of the Applicant Company to the Register of Companies - HELD THAT:- It is an admitted fact that the Company did not file its Annual Accounts and Annual Returns with effect from the Financial Year ending 2000-01 onwards till date due to which it has been "struck off' from the Register of the Companies during 2005, as the show cause notice was given on 20th of July, 2005 as contemplated under Section 560(1) of the 1956. There is no plausible Companies Act, explanation provided in the Application for non-filing of the Annual Accounts and Annual Returns with effect from 2000-01 onwards till date. It has also been admitted by the PCS during the hearing that the Company is not currently engaged in any business, it has only a plot of land. Therefore, a shell/ defunct company cannot be ordered to be restored. This Bench is not satisfied to order the restoration of the name of the Company to the Register of Companies maintained by the concerned Registrar of Companies. Accordingly, the Company Application stands rejected.
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