https://www.taxtmi.com/caselaws?id=401096 A struck-off company may be restored to the register under Section 252(3) of the Companies Act, 2013 where the Tribunal is satisfied that restoration is just and equitable on the facts. The Tribunal noted that the company had failed to file statutory returns and financial statements, but the materials showed acquisition of assets, updated financial statements and income-tax returns, and business difficulties linked to quarrying-related regulatory approvals. Restoration was ordered subject to conditions requiring filing of pending statutory forms, production of required documents, payment of costs, and compliance with regulatory requirements. en-us Thu, 05 Nov 2020 00:00:00 +0530 Fri, 27 Nov 2020 10:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401096 A struck-off company may be restored to the register under Section 252(3) of the Companies Act, 2013 where the Tribunal is satisfied that restoration is just and equitable on the facts. The Tribunal noted that the company had failed to file statutory returns and financial statements, but the materials showed acquisition of assets, updated financial statements and income-tax returns, and business difficulties linked to quarrying-related regulatory approvals. Restoration was ordered subject to conditions requiring filing of pending statutory forms, production of required documents, payment of costs, and compliance with regulatory requirements. Case-Laws Companies Law Thu, 05 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401096