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2021 (12) TMI 46 - Tri - Companies LawSeeking restoration of the name of the struck off company in the Register of Companies maintained by the Registrar of Companies - Section 252(3) of the Companies Act, 2013 - HELD THAT:- On perusal of the balance sheet for the year ended on 31.03.2020, it is noted that the company has share capital of ₹ 100,000/-; cash and cash equivalents is ₹ 59,355/-. It is considered just and proper to restore the name of the company in the Register of Companies, from date of its striking off subject to payment of cost for non-compliance of rules relating to filing the Statutory Returns and Audited Financial Statements. The Registrar of Companies, Hyderabad, Telangana, the respondent herein is directed to restore the original status of the applicant/Company as if the name of the applicant/company has not been struck off from the Register of Companies with resultant and consequential actions like changing status of Company from 'Struck off to Active. The name is restored - application allowed.
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