https://www.taxtmi.com/caselaws?id=398587 A struck-off company may be restored where the record shows substantive commercial investment, assets, or pending business arrangements, and restoration is just and equitable despite earlier non-filing of statutory returns. Here, the company had paid towards allotment of a school site, reflected the advance in audited accounts, and maintained a bank balance; the non-filing was linked to internal disputes rather than a lack of business purpose. On that basis, the tribunal directed revival of the company's name in the Register of Companies, subject to payment of costs and filing of pending returns. en-us Wed, 29 Jan 2020 00:00:00 +0530 Sat, 19 Sep 2020 17:28:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398587 A struck-off company may be restored where the record shows substantive commercial investment, assets, or pending business arrangements, and restoration is just and equitable despite earlier non-filing of statutory returns. Here, the company had paid towards allotment of a school site, reflected the advance in audited accounts, and maintained a bank balance; the non-filing was linked to internal disputes rather than a lack of business purpose. On that basis, the tribunal directed revival of the company's name in the Register of Companies, subject to payment of costs and filing of pending returns. Case-Laws Companies Law Wed, 29 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398587