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    <title>2010 (6) TMI 322 - HIGH COURT OF DELHI</title>
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    <description>The court granted the restoration of the petitioner company&#039;s name to the Register of Companies under section 560(6) of the Companies Act, 1956. Despite acknowledging the company&#039;s commercial viability, the court criticized the long-standing non-compliance with statutory obligations. The restoration was subject to payment of exemplary costs and completion of all formalities, including filing outstanding documents and clearing any late fees or charges. The court granted liberty to the respondent for penal action against the company for alleged non-compliance with section 162 of the Companies Act, 1956.</description>
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      <description>The court granted the restoration of the petitioner company&#039;s name to the Register of Companies under section 560(6) of the Companies Act, 1956. Despite acknowledging the company&#039;s commercial viability, the court criticized the long-standing non-compliance with statutory obligations. The restoration was subject to payment of exemplary costs and completion of all formalities, including filing outstanding documents and clearing any late fees or charges. The court granted liberty to the respondent for penal action against the company for alleged non-compliance with section 162 of the Companies Act, 1956.</description>
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