https://www.taxtmi.com/caselaws?id=431802 A company struck off for non-filing of statutory returns was held restorable where the record showed substantial movable and immovable assets and continuing business activity. Sale deeds and audited balance sheets supported the conclusion that the company could not be treated as inactive or as having ceased operations. On those facts, the striking off was found unsustainable, and restoration to the Register of Companies was directed subject to compliance conditions, including payment of costs and filing of pending statutory documents. en-us Tue, 20 Dec 2022 00:00:00 +0530 Thu, 22 Dec 2022 08:42:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431802 A company struck off for non-filing of statutory returns was held restorable where the record showed substantial movable and immovable assets and continuing business activity. Sale deeds and audited balance sheets supported the conclusion that the company could not be treated as inactive or as having ceased operations. On those facts, the striking off was found unsustainable, and restoration to the Register of Companies was directed subject to compliance conditions, including payment of costs and filing of pending statutory documents. Case-Laws Companies Law Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431802