TaxTMI 
TaxTMI 
2020 (10) TMI 117
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....ed to as ROC) to restore the name of Respondent No. 2 i.e. M/s. Airticket Online (India) Pvt. Ltd. (hereinafter referred to as the Company) in the Register of Companies maintained by the office of ROC. The ROC vide its order/notice STK-7 dated 21.06.2017 has struck off the name of the company M/s. Airticket Online (India) Pvt. Ltd. from the Register of Companies. 2. The Appellant states that the application is filed pursuant to Circular No. 225/423/2017-ITA.II dated 29.12.2017 issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, New Delhi, wherein, the Income Tax Department is directed to file an application for restoration in the cases, where the Companies' names are "struck off" by the ROC and pr....
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.... direction may be given to Company (Respondent No. 2) to comply with the various provisions of the Companies Act. 8. The ROC, Ahmedabad, however, in its very same representation dated 24.07.2019 has also referred to a circular of the MCA issued vide F. No. 03/73/2017/CL.II dated 04.01.2018. 9. Keeping in view, the above stated circular, issued by Ministry of Corporate Affairs; the ROC, Ahmedabad vide its representation has submitted that it is having "No Objection" if the name of respondent No. 2 company is restored in its statutory register under Section 252 of the Companies Act, 2013. 10. That apart, our attention is further drawn to the relevant provision of the Companies Act, in the representation of the ROC, specifically Secti....
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....e company is struck of by the Registrar of Companies on the failure in filing of statutory returns by the Company. For the sake of brevity, both the provisions are produced here under: 252(1) Any person aggrieved by an order of the Registrar, notifying a company as dissolved under section 248, may file an appeal to the Tribunal within a period of three years from the date of the order of the Registrar and if the Tribunal is of the opinion that the removal of the name of the company from the register of companies is not justified in view of the absence of any of the grounds on which the order was passed by the Registrar, it may order restoration of the name of the company in the register of companies......... 252(3) If a co....
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....be restored in the Register of Companies maintained by the ROC, Ahmedabad so as to enable the Appellant (Income Tax Department) to proceed further as per rules and in accordance with law. 16. In the light of above stated reasons, the present appeal deserves to be allowed. We are of the considered view that it would be just and equitable to restore the name of the Company M/s. Airticket Online (India) Pvt. Ltd. in the register maintained by ROC, Ahmedabad, Gujarat as the same is not barred by any law. 17. Therefore, the present appeal is allowed to the extent of revival of the Company and the ROC Gujarat, Ahmedabad is hereby directed to restore the name of Company viz. M/s. Airticket Online (India) Pvt. Ltd. in the Registrar of Compani....