https://www.taxtmi.com/caselaws?id=338186 Section 560(6) of the Companies Act, 1956 permits restoration of a struck-off company's name if the application is timely and the Court is satisfied that the company was carrying on business or otherwise in operation when struck off, or that restoration is just. A company removed under the Fast Track Exit Scheme is not automatically barred from restoration if those statutory conditions are met. On the stated facts, the petition was within limitation, duly authorised, unopposed subject to compliance, and restoration was treated as just and proper, with filing of pending annual returns and balance sheets as a condition. en-us Wed, 21 Dec 2016 00:00:00 +0530 Sat, 28 Jan 2017 07:06:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338186 Section 560(6) of the Companies Act, 1956 permits restoration of a struck-off company's name if the application is timely and the Court is satisfied that the company was carrying on business or otherwise in operation when struck off, or that restoration is just. A company removed under the Fast Track Exit Scheme is not automatically barred from restoration if those statutory conditions are met. On the stated facts, the petition was within limitation, duly authorised, unopposed subject to compliance, and restoration was treated as just and proper, with filing of pending annual returns and balance sheets as a condition. Case-Laws Companies Law Wed, 21 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338186