https://www.taxtmi.com/caselaws?id=338186 The Court ordered the restoration of a company's name in the Register of Companies under Section 560(6) of the Companies Act, 1956. The company, M/s Intec Corporation Pvt. Ltd., which faced financial difficulties due to market conditions, sought restoration citing a change in the business environment and growth opportunities in the air-conditioning market. The Board of Directors passed a resolution for revival, and the Respondent did not object, requesting compliance with filing requirements. The Court, considering previous cases and the circumstances, granted the restoration, subject to the company fulfilling statutory obligations. 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 The Court ordered the restoration of a company's name in the Register of Companies under Section 560(6) of the Companies Act, 1956. The company, M/s Intec Corporation Pvt. Ltd., which faced financial difficulties due to market conditions, sought restoration citing a change in the business environment and growth opportunities in the air-conditioning market. The Board of Directors passed a resolution for revival, and the Respondent did not object, requesting compliance with filing requirements. The Court, considering previous cases and the circumstances, granted the restoration, subject to the company fulfilling statutory obligations. Case-Laws Companies Law Wed, 21 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338186