https://www.taxtmi.com/caselaws?id=398403 A struck-off company's name was restored to the register where the record showed it remained operational as a going concern, supported by audited financial statements, income tax returns, bank statements, assets, liabilities and business activity. Although the strike-off followed default in filing statutory returns and financial statements, the tribunal treated the company's continuing business and the prejudice to members and creditors as sufficient grounds for restoration. Restoration was directed subject to payment of costs and filing of all pending statutory returns. en-us Mon, 31 Aug 2020 00:00:00 +0530 Tue, 15 Sep 2020 11:19:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398403 A struck-off company's name was restored to the register where the record showed it remained operational as a going concern, supported by audited financial statements, income tax returns, bank statements, assets, liabilities and business activity. Although the strike-off followed default in filing statutory returns and financial statements, the tribunal treated the company's continuing business and the prejudice to members and creditors as sufficient grounds for restoration. Restoration was directed subject to payment of costs and filing of all pending statutory returns. Case-Laws Companies Law Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398403