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Companies Law - Highlights / Catch Notes

Home Highlights May 2020 Year 2020 This

Striking off of the name of the Company, from the Register of ...


Income-tax Department Recognized as Aggrieved Party u/ss 252(1) and 252(3) for Tax Recovery from Respondent Company.

May 18, 2020

Case Laws     Companies Law     Tri

Striking off of the name of the Company, from the Register of Companies - The Income-tax Department is an aggrieved party within the meaning of section 252(1) read with 252(3), as it has to recover taxes payable by Respondent Company and great prejudice will be caused to its revenues, if the name of the Company is not restored back.

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