https://www.taxtmi.com/caselaws?id=399203 The Tribunal ordered the restoration of the company's name in the Register of Companies under Section 252(1) of the Companies Act, 2013. The company, involved in real estate, failed to file financial statements and annual returns, resulting in its strike off. The directors' negligence was cited for the non-compliance. The company was directed to file pending returns within 30 days, pay a fine of Rs. 50,000, and ensure compliance. The Tribunal clarified that disqualified directors' DINs couldn't be reactivated but allowed the company to file necessary documents for restoration. Compliance with statutory requirements was emphasized. en-us Mon, 21 Sep 2020 00:00:00 +0530 Tue, 06 Oct 2020 11:53:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399203 The Tribunal ordered the restoration of the company's name in the Register of Companies under Section 252(1) of the Companies Act, 2013. The company, involved in real estate, failed to file financial statements and annual returns, resulting in its strike off. The directors' negligence was cited for the non-compliance. The company was directed to file pending returns within 30 days, pay a fine of Rs. 50,000, and ensure compliance. The Tribunal clarified that disqualified directors' DINs couldn't be reactivated but allowed the company to file necessary documents for restoration. Compliance with statutory requirements was emphasized. Case-Laws Companies Law Mon, 21 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399203