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2009 (10) TMI 523

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..... ntal and consequential orders and directions including the direction for restoration of rights and liabilities of petitioner company from the date of 'striking off' its name as if the name of the company was never struck off from the register of the Companies. 2. This Court had issued notice of this petition to the respondent Registrar of the Companies but in spite of service of notice none appeared for the respondent Registrar to oppose the prayer made in the petition. 3. Briefly stated, the case of the petitioner company is that it was incorporated on 1-7-1997 under the provisions of the Act as a company limited by shares in the name of Raghuvir Nirman Private Ltd. The name of the Company was changed to Dhar Buildcon Private Ltd. with e .....

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..... ss ways, a water supply project, irrigation project, sanitation and sewerage system, buildings and to develop, construct any other type of infrastructure facilities, as contractor or sub-contractor for Government, Central or State, Public Body or Authority, Supreme, Municipal, local or otherwise, Co-operative Societies, Corporate Bodies, or elsewhere mortgage or otherwise dispose of lands, houses, roads, bridges and any other infrastructure facilities and other property of the company to others and to deal in real estate business. And to carry on the business of manufactures, producers and/or suppliers of all kinds of building and construction materials, prefabricated materials, blocks, tools, implements and machineries and to act as manufa .....

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..... Act, no notice was ever given by the respondent Registrar to the petitioner company so as to confirm whether the company is carrying on business or is in operation or not. 10. It has been stated that the petitioner company is closely held family owned company and the meetings of the Board of Directors of the company are regularly being taken place. Similarly, meetings of the Share Holders of the company are also regularly being taken place. It is stated that Promoter Directors of the petitioner company have not closed down business activities and are carrying on its operation. It is further averred that the petitioner company can be profitably run by Promoter Directors and shall ultimately enhance net worth of the shareholders and the pro .....

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