https://www.taxtmi.com/caselaws?id=378647 A struck-off company's name was restored to the Register of Companies under Section 252(3) of the Companies Act, 2013 after the Tribunal found material showing it was carrying on business as a going concern. The company had filed financial statements, held tangible and current assets, maintained stock, and was described as an ongoing business concern. In light of the ROC report and the statutory power to restore a company where it is still in operation or where restoration is otherwise just, the Tribunal held that restoration would allow the company to regularise compliance and deal with its assets, and directed restoration of the name. en-us Wed, 10 Apr 2019 00:00:00 +0530 Thu, 18 Apr 2019 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378647 A struck-off company's name was restored to the Register of Companies under Section 252(3) of the Companies Act, 2013 after the Tribunal found material showing it was carrying on business as a going concern. The company had filed financial statements, held tangible and current assets, maintained stock, and was described as an ongoing business concern. In light of the ROC report and the statutory power to restore a company where it is still in operation or where restoration is otherwise just, the Tribunal held that restoration would allow the company to regularise compliance and deal with its assets, and directed restoration of the name. Case-Laws Companies Law Wed, 10 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378647