2016 (3) TMI 552

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....ral) This petition is filed by the Income Tax department under Section 560(6) of the Companies Act, (for short, 'the Act 1956') for restoration of the name of the Company(respondent No. 2) to the Register of the Registrar of Companies(respondent No. 1). The case set up by the petitioner is that respondent No. 2 was engaged in the business of finance and sale/purchase of land and was ....

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....s have arisen from the suits filed by the vendees from respondent No. 2 who entered in the agreement with them for sale of the property without disclosing that the said immovable property was attached by the Tax Recovery Officer of the Income Tax Department for recovery of the tax arrears. Respondent No.2 was sought to be served in the second appeals pending in this Court and the petitioner cam....

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....Register of Registrar of Companies not only for the purpose of recovery of the arrears of tax etc. but also pursuing aforesaid three Regular Second appeals pending in this Court. Notice in the petition was issued to both the respondents. On 14.09.2015 in CA No. 685 of 2015 this Court had passed the following orders:- "Learned counsel for the applicantpetitioner submitted that as the na....