https://www.taxtmi.com/caselaws?id=384692 The Tribunal allowed the appeal for restoration of a company's name struck off by the Registrar of Companies under Section 252(1) of the Companies Act, 2013. The company demonstrated regular operations with substantial revenue, justifying restoration despite non-filing of returns. The Tribunal ordered the restoration of the company's name, imposing a cost of Rs. 25,000 for each year of default to encourage compliance. The Registrar of Companies was directed to restore the company's status within 45 days, emphasizing the importance of statutory filings and compliance to prevent future issues. Compliance requirements and payment of costs were outlined to reinstate the company's active status. en-us Mon, 05 Aug 2019 00:00:00 +0530 Wed, 21 Aug 2019 07:49:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384692 The Tribunal allowed the appeal for restoration of a company's name struck off by the Registrar of Companies under Section 252(1) of the Companies Act, 2013. The company demonstrated regular operations with substantial revenue, justifying restoration despite non-filing of returns. The Tribunal ordered the restoration of the company's name, imposing a cost of Rs. 25,000 for each year of default to encourage compliance. The Registrar of Companies was directed to restore the company's status within 45 days, emphasizing the importance of statutory filings and compliance to prevent future issues. Compliance requirements and payment of costs were outlined to reinstate the company's active status. Case-Laws Companies Law Mon, 05 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384692