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2021 (4) TMI 895 - Tri - Companies LawSeeking restoration of the name of the Company in the register maintained by the Registrar of Companies - Section 252(1) & (3) of the Companies Act, 2013 - applicant is owner of land parcels - HELD THAT:- The main assets of the Appellant Company are the land parcels registered in its name, on the strength of which the Applicant is seeking restoration of the Appellant Company in the register of RoC. Here, it is worthwhile to refer to the Judgment of Hon'ble High Court of Gauhati in the matter of FELPACT PRIVATE LIMITED, ANANDA CHANDRA SHARMA VERSUS THE REGISTRAR OF COMPANIES, SHRI BHUPENDRA NATH, SMTI. SUCHITRA CHAKRABORTY, SMTI. HIRAMOTI DEVI, SMTI. SUKRITY BHAGWATI, SMTI. PRABHATY SARMA, SHRI SATYA NATH SARMA, SRI SAMBHU CHARAN BARMAN [2017 (6) TMI 1338 - GAUHATI HIGH COURT] where it was held that ownership of such a big estate is indicative of the fact that if there is no owner of any land, there is every likelihood of the said land will waste away by encroachment or otherwise or it will become a den for anti-social activities. It is considered just and fair to allow restoration of the name of the Appellant Company in the Register of Companies maintained by RoC - Appeal is allowed subject to payment of costs of ₹ 25,000 only to the Ministry of Corporate Affairs and ₹ 25,000 to the Prime Minister's Relief Fund, the proof of which will be furnished by the Appellant to the Registry of this Tribunal within 07 days - application allowed.
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