https://www.taxtmi.com/caselaws?id=380767 A company struck off for non-compliance under the Companies Act, 1956 was restored under section 252(3) of the Companies Act, 2013 because related writ proceedings were still pending and the takeover legislation was confined to management of the textile undertakings, not the entire company. The pending adjudication on whether only the undertaking or also other properties had been taken over meant strike-off would hinder the company's remedies. Although the Registrar of Companies was justified in initiating strike-off after unanswered notices, restoration was considered appropriate, subject to costs and filing of pending statutory returns. en-us Thu, 31 Jan 2019 00:00:00 +0530 Mon, 11 Nov 2024 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380767 A company struck off for non-compliance under the Companies Act, 1956 was restored under section 252(3) of the Companies Act, 2013 because related writ proceedings were still pending and the takeover legislation was confined to management of the textile undertakings, not the entire company. The pending adjudication on whether only the undertaking or also other properties had been taken over meant strike-off would hinder the company's remedies. Although the Registrar of Companies was justified in initiating strike-off after unanswered notices, restoration was considered appropriate, subject to costs and filing of pending statutory returns. Case-Laws Companies Law Thu, 31 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380767