https://www.taxtmi.com/caselaws?id=406956 A company whose name had been struck off was restored under Section 252 of the Companies Act, 2013 after the Tribunal accepted evidence of ongoing business activity, explained the non-filing of financial statements and annual returns as inadvertent and linked to financial difficulty, and noted supporting records showing readiness to regularise compliance. The Registrar's prior strike-off for default was acknowledged, but restoration was found to be in the interests of the company, its shareholders and creditors. The application was allowed, and directions were issued for revival and consequential statutory compliance. en-us Tue, 30 Mar 2021 00:00:00 +0530 Tue, 27 Apr 2021 12:16:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406956 A company whose name had been struck off was restored under Section 252 of the Companies Act, 2013 after the Tribunal accepted evidence of ongoing business activity, explained the non-filing of financial statements and annual returns as inadvertent and linked to financial difficulty, and noted supporting records showing readiness to regularise compliance. The Registrar's prior strike-off for default was acknowledged, but restoration was found to be in the interests of the company, its shareholders and creditors. The application was allowed, and directions were issued for revival and consequential statutory compliance. Case-Laws Companies Law Tue, 30 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406956