https://www.taxtmi.com/caselaws?id=194184 A company struck off for non-filing of statutory returns and balance sheets may be restored where the petition is within limitation, the company remains a running concern, and restoration serves the interests of justice. The court treated the section 560(6) remedy as preserving an opportunity for the company, its members and creditors to revive continued business, but noted that repeated non-compliance and presumed service of statutory notices reflected serious default by management. Restoration was made conditional on filing all outstanding statutory documents, payment of applicable fees, and payment of exemplary costs in addition to the Registrar's costs. en-us Mon, 19 Apr 2010 00:00:00 +0530 Wed, 23 Aug 2023 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194184 A company struck off for non-filing of statutory returns and balance sheets may be restored where the petition is within limitation, the company remains a running concern, and restoration serves the interests of justice. The court treated the section 560(6) remedy as preserving an opportunity for the company, its members and creditors to revive continued business, but noted that repeated non-compliance and presumed service of statutory notices reflected serious default by management. Restoration was made conditional on filing all outstanding statutory documents, payment of applicable fees, and payment of exemplary costs in addition to the Registrar's costs. Case-Laws Companies Law Mon, 19 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194184