https://www.taxtmi.com/caselaws?id=433865 Company strike-off under the Companies Act could not be sustained where balance sheets and income tax returns showed continuing assets and business-related activity, as those records negatived the conclusion that the company was not carrying on business or operations. On that basis, the refusal to interfere with the strike-off was found unsustainable and the company's name was ordered to be restored to the register, subject to payment of costs and filing of pending annual returns and balance sheets. The order also preserved the Registrar's power to take further lawful action for any other defaults under the Companies Act, 2013. en-us Thu, 09 Feb 2023 00:00:00 +0530 Sat, 11 Feb 2023 09:43:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433865 Company strike-off under the Companies Act could not be sustained where balance sheets and income tax returns showed continuing assets and business-related activity, as those records negatived the conclusion that the company was not carrying on business or operations. On that basis, the refusal to interfere with the strike-off was found unsustainable and the company's name was ordered to be restored to the register, subject to payment of costs and filing of pending annual returns and balance sheets. The order also preserved the Registrar's power to take further lawful action for any other defaults under the Companies Act, 2013. Case-Laws Companies Law Thu, 09 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433865