https://www.taxtmi.com/caselaws?id=280686 The tribunal dismissed the petition seeking restoration of a company's name in the Register of Companies under Section 252(3) of the Companies Act, 2013. The company failed to demonstrate ongoing business operations, revenue, or substantial assets, leading to the conclusion that it was not an ongoing concern at the time of strike-off. The Registrar of Companies, Karnataka, was deemed to have correctly removed the company's name from the register, and the petition was dismissed entirely. en-us Tue, 10 Apr 2018 00:00:00 +0530 Fri, 17 May 2019 07:40:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280686 The tribunal dismissed the petition seeking restoration of a company's name in the Register of Companies under Section 252(3) of the Companies Act, 2013. The company failed to demonstrate ongoing business operations, revenue, or substantial assets, leading to the conclusion that it was not an ongoing concern at the time of strike-off. The Registrar of Companies, Karnataka, was deemed to have correctly removed the company's name from the register, and the petition was dismissed entirely. Case-Laws Companies Law Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280686