TMI Blog2017 (12) TMI 1701X X X X Extracts X X X X X X X X Extracts X X X X ..... For the Respondent : Mr. B. Sarath Babu, Counsel ORDER CH MOHD SHARIEF TARIQ, MEMBER(JUDICIAL) (ORAL) 1. Under consideration is a Company Application that has been filed on 21.08.2017 under Section 252 (3) of the Companies Act, 2013 through Director of the the Company viz., M/S. Venku Hospitals Private Limited having CIN No. U85110TN1994PTC026952. The Company's Registered Office is si ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on the business of design, construction and running of all kinds of hospitals, dispensaries, clinics, laboratories and health centres and to design, manufacture, import, export, buy, sell, install, maintain and improve all kinds of equipment and instrumentation for hospitals, clinics, laboratories and health centres. dispensaries, 3. The Company did not file the Annual Accounts and Annual Retur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ceased to be the Directors of the said Company.. 5. Written Arguments have been filed by the PCS representing the Company. Heard the PCS appearing on behalf the Company and the Counsel for the ROC, and perused the record. 6. The Company Application has been filed through Director of the Company, who did not file Annual Accounts and Annual Returns for a period of more than fifteen years and is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... non-filing of the Annual Accounts and Annual Returns with effect from 2000-01 onwards till date. It has also been admitted by the PCS during the hearing that the Company is not currently engaged in any business, it has only a plot of land. Therefore, a shell/ defunct company cannot be ordered to be restored. Thus, in the circumstances, this Bench is not satisfied to order the restoration of the na ..... X X X X Extracts X X X X X X X X Extracts X X X X
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