https://www.taxtmi.com/caselaws?id=403395 The Tribunal ordered the restoration of the media company's name in the Register of Companies under Section 252(3) of the Companies Act, 2013. The company was struck off for non-filing of Financial Statements and Annual Returns due to inadvertent delays. The Registrar of Companies emphasized negligence by the directors but the Tribunal considered the company's operational status and granted restoration. The company was required to pay a fine, submit an undertaking, ensure compliance, and face restrictions on asset disposal until full compliance. The judgment underscored the importance of statutory compliance and accountability while allowing for revival and regulatory oversight. en-us Wed, 20 Jan 2021 00:00:00 +0530 Fri, 12 Nov 2021 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403395 The Tribunal ordered the restoration of the media company's name in the Register of Companies under Section 252(3) of the Companies Act, 2013. The company was struck off for non-filing of Financial Statements and Annual Returns due to inadvertent delays. The Registrar of Companies emphasized negligence by the directors but the Tribunal considered the company's operational status and granted restoration. The company was required to pay a fine, submit an undertaking, ensure compliance, and face restrictions on asset disposal until full compliance. The judgment underscored the importance of statutory compliance and accountability while allowing for revival and regulatory oversight. Case-Laws Companies Law Wed, 20 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403395