2020 (10) TMI 126

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....tor, Mr. Rajkumar Anandrao Patil, under section 252(3) of the Companies Act, 2013 seeking relief against the respondent to restore the name of the company in the Register of Companies maintained by the Registrar of Companies, Maharashtra, Mumbai. 3. The company was incorporated on 24.12.2004 under the Companies Act, 1956 with CIN U28900MH2004PTC150192 as a private company limited by shares with the Registrar of Companies, Mumbai, Maharashtra. The Petitioner Company has been incorporated to carry on the following main objects as per MoA of the company: "To carry on the business as to manufacturers, fabricators, importers, buyers, sellers, processors, reconditioners, heat treatment, annealing, hardening, induction treatment, forgi....

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....en struck off from the Register of Companies and the Company has been dissolved. 6. The Petitioner Company submits that the Company has failed to file its Financial Statements and Annual Returns for more than two continuous financial years due to inadvertence. 7. The Petitioner Company has enclosed the audited accounts and copies of Balance Sheet and Annual Return filed with MCA 21 portal for the Financial Years 2014-15, 2015-16, 2016-17, 2017-18 and 2018- 19 at Annexure 4. 8. The Petitioner Company submits that it is Licensee of the premises situated at Plot No.F-95 in the Nashik Industrial Estate within the village limits of Satpur and within the limits of Nasik Municipal Corporation, Taluka Nashik, District Nashik containing adm....

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....on record, the Bench has observed that the company has assets & liabilities in its Books of Accounts during the immediately preceding two years from the date of striking off of its name by the Registrar of Companies. Therefore, it would be just and equitable to provide an opportunity to the company to rectify its defaults and continue the business. 13. Given the above facts and circumstances, we are satisfied that the prayer sought by the Petitioner company deserves to be allowed. 14. Accordingly, Company Petition No.1067/252/MB-IV/2020 filed by Noble Metal Treaters Private Limited through its director, Mr. Rajkumar Anandrao Patil under section 252(3) of the Companies Act, 2013, seeking restoration of the Company's name in the regi....