https://www.taxtmi.com/caselaws?id=113143 The Company Law Settlement Scheme, 2010 did not extend to companies against which action under section 560(5) had already commenced, so prior striking-off proceedings and Gazette publication barred reliance on the Scheme. Restoration of a struck-off company under section 560(6) remained available where the petition was within the statutory period and revival was justified on the facts, but restoration was made conditional on filing all outstanding statutory documents, paying exemplary and additional costs, and completing required formalities. The text also notes that further penal action could be pursued for continuing filing defaults. en-us Mon, 16 Aug 2010 00:00:00 +0530 Sun, 28 Sep 2014 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113143 The Company Law Settlement Scheme, 2010 did not extend to companies against which action under section 560(5) had already commenced, so prior striking-off proceedings and Gazette publication barred reliance on the Scheme. Restoration of a struck-off company under section 560(6) remained available where the petition was within the statutory period and revival was justified on the facts, but restoration was made conditional on filing all outstanding statutory documents, paying exemplary and additional costs, and completing required formalities. The text also notes that further penal action could be pursued for continuing filing defaults. Case-Laws Companies Law Mon, 16 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113143