Restoration of struck-off companies to preserve revenue rights and enable continuation of tax proceedings via RoC or NCLT action promptly. Assessing Officers must seek restoration of struck off companies with retrospective effect to the date of striking off where income tax assessments, reassessments, search related proceedings, departmental appeals, penalty proceedings, prosecution, or contemplated proceedings exist, to protect revenue and enable completion of pending tax actions; referrals should be made to the regional Registrar of Companies for revival before the NCLT or appeals filed directly before the NCLT invoking Companies Act restoration provisions and relevant NCLT rules.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Restoration of struck-off companies to preserve revenue rights and enable continuation of tax proceedings via RoC or NCLT action promptly.
Assessing Officers must seek restoration of struck off companies with retrospective effect to the date of striking off where income tax assessments, reassessments, search related proceedings, departmental appeals, penalty proceedings, prosecution, or contemplated proceedings exist, to protect revenue and enable completion of pending tax actions; referrals should be made to the regional Registrar of Companies for revival before the NCLT or appeals filed directly before the NCLT invoking Companies Act restoration provisions and relevant NCLT rules.
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