https://www.taxtmi.com/caselaws?id=331906 The court allowed the petition for restoration of the company's name under Section 560(6) of the Companies Act, 1956. The respondent did not oppose the restoration, provided the petitioner fulfills statutory requirements and pays fees. Despite long-standing non-compliance with annual filings, the court granted the restoration, emphasizing the need for companies to revive within the specified period. The petitioner was directed to meet obligations within eight weeks, with the respondent retaining the right to penalize for any further non-compliance under the Companies Act, 1956 and Rules, including Section 162. en-us Mon, 29 Aug 2016 00:00:00 +0530 Mon, 05 Sep 2016 12:42:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331906 The court allowed the petition for restoration of the company's name under Section 560(6) of the Companies Act, 1956. The respondent did not oppose the restoration, provided the petitioner fulfills statutory requirements and pays fees. Despite long-standing non-compliance with annual filings, the court granted the restoration, emphasizing the need for companies to revive within the specified period. The petitioner was directed to meet obligations within eight weeks, with the respondent retaining the right to penalize for any further non-compliance under the Companies Act, 1956 and Rules, including Section 162. Case-Laws Companies Law Mon, 29 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331906