https://www.taxtmi.com/caselaws?id=351458 The Tribunal dismissed the petition for revival/restoration of a company's name on the register of the Registrar of Companies. The company failed to demonstrate ongoing business activities at the time of striking off and did not comply with the required paid-up capital increase for private companies. The Registrar's decision to strike off the company's name was upheld, with the petitioners bearing costs of &8377; 20,000 for lack of merit and statutory non-compliance. en-us Fri, 27 Oct 2017 00:00:00 +0530 Sat, 25 Nov 2017 08:05:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351458 The Tribunal dismissed the petition for revival/restoration of a company's name on the register of the Registrar of Companies. The company failed to demonstrate ongoing business activities at the time of striking off and did not comply with the required paid-up capital increase for private companies. The Registrar's decision to strike off the company's name was upheld, with the petitioners bearing costs of &8377; 20,000 for lack of merit and statutory non-compliance. Case-Laws Companies Law Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351458