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    <title>2020 (12) TMI 38 - NATIONAL COMPANY LAW TRIBUNAL , MUMBAI BENCH</title>
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    <description>The Tribunal granted the Company Petition for restoration of the company&#039;s name in the Register of Companies. The Petitioner&#039;s company was struck off due to non-compliance with filing requirements and lack of business activity. Despite initial defaults, the Petitioner rectified the situation by submitting financial statements and tax returns. The Bench assessed the company&#039;s financial status and operations, determining it was just and equitable to restore the company&#039;s name. The Registrar was directed to restore the name upon payment of costs and filing pending documents within a specified timeframe, with instructions to unfreeze the company&#039;s accounts for operational continuity.</description>
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      <link>https://www.taxtmi.com/caselaws?id=401239</link>
      <description>The Tribunal granted the Company Petition for restoration of the company&#039;s name in the Register of Companies. The Petitioner&#039;s company was struck off due to non-compliance with filing requirements and lack of business activity. Despite initial defaults, the Petitioner rectified the situation by submitting financial statements and tax returns. The Bench assessed the company&#039;s financial status and operations, determining it was just and equitable to restore the company&#039;s name. The Registrar was directed to restore the name upon payment of costs and filing pending documents within a specified timeframe, with instructions to unfreeze the company&#039;s accounts for operational continuity.</description>
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