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2021 (5) TMI 710 - Tri - Companies LawSeeking to restore the name of the Company in the Register of Companies maintained by the Registrar of Companies - Section 252(3) of the Companies Act, 2013 - HELD THAT:- The Counsel for Applicant further stated that the Company would file necessary-Financial Statements and Annual Returns soon after restoration of the name of the Company with the Registrar of Companies, Hyderabad and prayed the Tribunal to revive this Company - Also, the latest Balance Sheet as on 31st March 2019 and Financial Statements for the year ending 31st March, 2019 of the Company. The Company is having Total Assets of ₹ 2,21,45,865/- and Total Liabilities of ₹ 1,82,76,560/-. After going through the provisions of Section 252(3) of the Companies Act, 2013, this Tribunal is of the view that the Company was in existence and it is a going concern and name of the Company to be restored in the Register of Companies as maintained by RoC - Application allowed.
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