https://www.taxtmi.com/caselaws?id=259891 The court allowed the petition by Pancham Hotels Pvt. Ltd. for restoration of its name in the register of companies under Section 560(6) of the Companies Act, 1956. The court set aside the order striking off the name due to lack of proper notice and the company's operational status. However, the court emphasized the importance of statutory compliances, directing the petitioner to fulfill requirements, pay costs, and restore the name. The respondent was given liberty to take penal action for alleged non-compliance. Ultimately, the company's name was restored with specified conditions. en-us Mon, 11 May 2015 00:00:00 +0530 Thu, 21 May 2015 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259891 The court allowed the petition by Pancham Hotels Pvt. Ltd. for restoration of its name in the register of companies under Section 560(6) of the Companies Act, 1956. The court set aside the order striking off the name due to lack of proper notice and the company's operational status. However, the court emphasized the importance of statutory compliances, directing the petitioner to fulfill requirements, pay costs, and restore the name. The respondent was given liberty to take penal action for alleged non-compliance. Ultimately, the company's name was restored with specified conditions. Case-Laws Companies Law Mon, 11 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259891