https://www.taxtmi.com/caselaws?id=359662 A struck off company may be restored to the Register under Section 252(3) of the Companies Act, 2013 where it shows that it was carrying on business, files the application within the statutory period, and explains past defaults in filing returns and financial statements. The Tribunal accepted the company's readiness to regularise outstanding statutory filings with prescribed fees and found that restoration would not prejudice creditors or shareholders. On those facts, it held that restoration was just and proper under the statutory scheme and allowed the application. en-us Tue, 20 Feb 2018 00:00:00 +0530 Mon, 05 Aug 2019 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359662 A struck off company may be restored to the Register under Section 252(3) of the Companies Act, 2013 where it shows that it was carrying on business, files the application within the statutory period, and explains past defaults in filing returns and financial statements. The Tribunal accepted the company's readiness to regularise outstanding statutory filings with prescribed fees and found that restoration would not prejudice creditors or shareholders. On those facts, it held that restoration was just and proper under the statutory scheme and allowed the application. Case-Laws Companies Law Tue, 20 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359662