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Issues: Whether the company's name, struck off the register for non-filing of statutory documents, should be restored under section 560(6) of the Companies Act, 1956.
Analysis: The petition was filed within the statutory period for restoration. The material showed that the company had been carrying on business and that the non-filing of annual returns and balance-sheets had occurred over a long period. The Court accepted that restoration was justified in the interests of justice, but emphasised that primary responsibility for statutory compliance remained with the management and that the default could not be treated as a mere employee lapse. The Court also noted the principle that restoration orders may carry costs under the Companies (Court) Rules, 1959.
Conclusion: The company's name was restored to the register under section 560(6) of the Companies Act, 1956, subject to payment of costs and completion of outstanding statutory formalities.