https://www.taxtmi.com/caselaws?id=400534 A struck-off company may be restored to the register when contemporaneous income tax returns and bank statements show that it was carrying on business and maintaining banking transactions during the relevant period before strike-off. The tribunal treated prior incorporation, ongoing operations, and the registrar's action for non-filing of statutory returns as supporting restoration, and ordered reinstatement subject to compliance safeguards. Those safeguards included belated statutory filings, deposit of expenses, preservation of assets until compliance, and related undertakings to regularise the company's position. en-us Thu, 30 Jul 2020 00:00:00 +0530 Tue, 10 Nov 2020 07:09:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400534 A struck-off company may be restored to the register when contemporaneous income tax returns and bank statements show that it was carrying on business and maintaining banking transactions during the relevant period before strike-off. The tribunal treated prior incorporation, ongoing operations, and the registrar's action for non-filing of statutory returns as supporting restoration, and ordered reinstatement subject to compliance safeguards. Those safeguards included belated statutory filings, deposit of expenses, preservation of assets until compliance, and related undertakings to regularise the company's position. Case-Laws Companies Law Thu, 30 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400534