https://www.taxtmi.com/caselaws?id=408343 The Tribunal granted the Application for restoration of a company's name struck off by the Registrar of Companies under Section 248 of the Companies Act, 2013. The Applicant, a shareholder, successfully argued for restoration based on evidence of ongoing business operations despite past non-compliance. The Tribunal imposed conditions, including filing pending returns, depositing funds, and ensuring compliance with statutory requirements. Shareholders were also required to submit an Undertaking regarding financial transactions during demonetization. The decision allowed for restoration while maintaining the Registrar's authority to address future non-compliance. en-us Mon, 03 May 2021 00:00:00 +0530 Tue, 08 Jun 2021 09:09:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408343 The Tribunal granted the Application for restoration of a company's name struck off by the Registrar of Companies under Section 248 of the Companies Act, 2013. The Applicant, a shareholder, successfully argued for restoration based on evidence of ongoing business operations despite past non-compliance. The Tribunal imposed conditions, including filing pending returns, depositing funds, and ensuring compliance with statutory requirements. Shareholders were also required to submit an Undertaking regarding financial transactions during demonetization. The decision allowed for restoration while maintaining the Registrar's authority to address future non-compliance. Case-Laws Companies Law Mon, 03 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408343