https://www.taxtmi.com/caselaws?id=414778 A struck-off company may be restored to the register where the applicant shows sufficient cause for past non-compliance and the record supports continued business activity. Here, incorporation details, bank records, an affidavit on demonetisation, and audited financial statements were treated as supporting revival, while the filing defaults under annual return and financial statement requirements were explained and accompanied by an assurance of future compliance. The Tribunal treated restoration as in the interest of the company, its shareholders, and creditors, with revival to operate subject to compliance-related directions and costs. en-us Tue, 26 Oct 2021 00:00:00 +0530 Wed, 17 Nov 2021 08:51:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414778 A struck-off company may be restored to the register where the applicant shows sufficient cause for past non-compliance and the record supports continued business activity. Here, incorporation details, bank records, an affidavit on demonetisation, and audited financial statements were treated as supporting revival, while the filing defaults under annual return and financial statement requirements were explained and accompanied by an assurance of future compliance. The Tribunal treated restoration as in the interest of the company, its shareholders, and creditors, with revival to operate subject to compliance-related directions and costs. Case-Laws Companies Law Tue, 26 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414778