Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2020 (11) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (11) TMI 851 - Tri - Companies LawRestoration of name of the Company in the Register of Companies, maintained by the Registrar of Companies - Section 252 of the Companies Act, 2013 - HELD THAT:- The provision pertaining to the restoration of the name of the Company as provided in Section 252 (3) of Companies Act. I had gone through the report dated 06.07.2020 submitted by Registrar of Companies in the instant appeal. I have also gone through the latest Balance Sheets and Financial Statements of the Company for the year ending 31st March 2019 and also the Income Tax Return Acknowledgment for the Assessment Year 2019-20. I have given careful consideration to the submission made by the learned counsel for the Appellant in regard to the production of NOC etc. This Tribunal is of the opinion that it would be just and equitable to order restoration of the name of the Company in the Register of Companies, in the certain conditions - The Registrar of Companies, the respondent herein, is ordered to restore the original status of the Appellant Company as if the name of the company has not been struck off from the Register of Companies and take all consequential actions like change of company’s status from ‘Strike off’ to Active (for e-filing) and to intimate the bankers about restoration of the name of the company so as to defreeze its accounts, provided the Appellant Company produce the documents. Application allowed.
|