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2022 (11) TMI 761 - AT - Companies LawSeeking restoration of the name of the Company in the Register of Companies, West Bengal - Section 421(1) of the Companies Act, 2013 - HELD THAT:- The Tribunal has recorded in para 7 of the impugned order, the financial statements for the financial years ending 31.03.2013 to 31.03.2018 which shows that the Company is a going concern, but a look at the financial statements on the other hand shows that the company was not doing any kind of business and further para 8 it has been recorded that the company is not earning any revenue from operations since its incorporation i.e. from 2012-13 to 2017-18, therefore, has not earned any profits and does not have any fixed assets in the company. Appeal dismissed.
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