https://www.taxtmi.com/caselaws?id=410433 A struck off company may be restored to the Register of Companies under Section 252 of the Companies Act, 2013 where the applicant shows a bona fide basis for revival, the company has existing business activity, and pending statutory filings are available for completion after restoration. Here, the Tribunal noted that the defaults in filing annual returns and financial statements were explained as inadvertent, considered the Registrar's report and the assurance of future compliance, and found restoration justified in the interests of the company, its shareholders, and creditors. The company's name was therefore restored, with consequential directions for compliance and revival. en-us Fri, 09 Jul 2021 00:00:00 +0530 Mon, 02 Aug 2021 09:03:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410433 A struck off company may be restored to the Register of Companies under Section 252 of the Companies Act, 2013 where the applicant shows a bona fide basis for revival, the company has existing business activity, and pending statutory filings are available for completion after restoration. Here, the Tribunal noted that the defaults in filing annual returns and financial statements were explained as inadvertent, considered the Registrar's report and the assurance of future compliance, and found restoration justified in the interests of the company, its shareholders, and creditors. The company's name was therefore restored, with consequential directions for compliance and revival. Case-Laws Companies Law Fri, 09 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410433