https://www.taxtmi.com/caselaws?id=407831 A struck-off company may be restored to the register under Section 252(3) of the Companies Act, 2013 where the record shows continued business activity or restoration is otherwise justified in the interests of justice. The Tribunal relied on incorporation documents, audited financial statements, income tax returns, and other material indicating that the company remained operational, as well as the latest balance sheet showing substantial assets and liabilities, to conclude that it was functioning as a going concern. On that basis, and after considering the Registrar's report, the company's name was ordered to be restored to the register of companies. en-us Wed, 17 Mar 2021 00:00:00 +0530 Mon, 24 May 2021 08:35:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407831 A struck-off company may be restored to the register under Section 252(3) of the Companies Act, 2013 where the record shows continued business activity or restoration is otherwise justified in the interests of justice. The Tribunal relied on incorporation documents, audited financial statements, income tax returns, and other material indicating that the company remained operational, as well as the latest balance sheet showing substantial assets and liabilities, to conclude that it was functioning as a going concern. On that basis, and after considering the Registrar's report, the company's name was ordered to be restored to the register of companies. Case-Laws Companies Law Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407831