https://www.taxtmi.com/caselaws?id=403274 A struck-off company sought restoration of its name in the register under section 252(1) of the Companies Act, 2013. Audited accounts and income-tax return acknowledgements were relied on to show continuing business activity, assets, liabilities and operations, supporting the contention that the company had not become defunct. The omission to file financial statements and annual returns was treated as inadvertent on the record. On those facts, the statutory basis for restoration was satisfied and restoration was found to be in the interest of justice, with the company's name directed to be restored in the register of companies. en-us Fri, 15 Jan 2021 00:00:00 +0530 Sat, 23 Jan 2021 10:38:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403274 A struck-off company sought restoration of its name in the register under section 252(1) of the Companies Act, 2013. Audited accounts and income-tax return acknowledgements were relied on to show continuing business activity, assets, liabilities and operations, supporting the contention that the company had not become defunct. The omission to file financial statements and annual returns was treated as inadvertent on the record. On those facts, the statutory basis for restoration was satisfied and restoration was found to be in the interest of justice, with the company's name directed to be restored in the register of companies. Case-Laws Companies Law Fri, 15 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403274