https://www.taxtmi.com/caselaws?id=407729 A struck-off company's name may be restored to the Register of Companies under Section 252(3) where material shows it was carrying on business and the failure to file annual returns and financial statements was not intentional. Restoration may also be justified where it preserves business prospects and avoids prejudice to shareholders and directors. On that basis, the statutory requirements for restoration were treated as satisfied, and the company's name was ordered to be restored subject to compliance with the Tribunal's directions. en-us Fri, 30 Apr 2021 00:00:00 +0530 Thu, 20 May 2021 08:29:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407729 A struck-off company's name may be restored to the Register of Companies under Section 252(3) where material shows it was carrying on business and the failure to file annual returns and financial statements was not intentional. Restoration may also be justified where it preserves business prospects and avoids prejudice to shareholders and directors. On that basis, the statutory requirements for restoration were treated as satisfied, and the company's name was ordered to be restored subject to compliance with the Tribunal's directions. Case-Laws Companies Law Fri, 30 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407729