https://www.taxtmi.com/caselaws?id=403393 The Tribunal dismissed the appeal by M/s Suvidha Polymers Private Limited, upholding the Registrar of Companies' decision to strike off the company's name under Section 248(5) of the Companies Act, 2013. The Tribunal found that the company was not carrying on business or in operation at the time of striking off, aligning with the legislative intent of Section 252(3). Therefore, the name restoration was declined, emphasizing the necessity of demonstrating active business operations to maintain registration status. en-us Mon, 18 Jan 2021 00:00:00 +0530 Wed, 27 Jan 2021 16:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403393 The Tribunal dismissed the appeal by M/s Suvidha Polymers Private Limited, upholding the Registrar of Companies' decision to strike off the company's name under Section 248(5) of the Companies Act, 2013. The Tribunal found that the company was not carrying on business or in operation at the time of striking off, aligning with the legislative intent of Section 252(3). Therefore, the name restoration was declined, emphasizing the necessity of demonstrating active business operations to maintain registration status. Case-Laws Companies Law Mon, 18 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403393