https://www.taxtmi.com/caselaws?id=782257 A struck-off company's name may be restored under Section 252(3) of the Companies Act, 2013 where the facts show restoration is necessary to prevent prejudice to home buyers and commercial space purchasers. The Tribunal treated the need to enable execution of sale deeds, the peculiar circumstances of the case, and the broader public interest as sufficient grounds for restoration. It also noted that internal corporate steps, such as appointing another director, were matters for the shareholders and the Registrar of Companies. The company was directed to be restored to the register, with filing of pending annual returns and balance sheets and payment of requisite fees. en-us Wed, 12 Nov 2025 00:00:00 +0530 Thu, 27 Nov 2025 08:36:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782257 A struck-off company's name may be restored under Section 252(3) of the Companies Act, 2013 where the facts show restoration is necessary to prevent prejudice to home buyers and commercial space purchasers. The Tribunal treated the need to enable execution of sale deeds, the peculiar circumstances of the case, and the broader public interest as sufficient grounds for restoration. It also noted that internal corporate steps, such as appointing another director, were matters for the shareholders and the Registrar of Companies. The company was directed to be restored to the register, with filing of pending annual returns and balance sheets and payment of requisite fees. Case-Laws Companies Law Wed, 12 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782257