2020 (11) TMI 294

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....12.09.2006 to carry on business of mechanical electrical and consulting engineers, electricians, supplier of electricity for the purpose of the light heat motive power and manufacturers of the dealer in machinery etc. The Company did not file its Annual Returns for Financial Year 2015-16, 2016-2017 and 2017-18 which resulted into belief on the part of Registrar of Company (ROC) that the company was neither carrying on business nor in operation. This belief was further strengthened due to the fact that the company had not taken status of dormant company under Section 455 of the Companies Act, 2013. Accordingly, Registrar of Companies, Gujarat (Dadra & Nagar Haveli) after complying with statutory formalities as specified under Section 248, st....

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....nancial Years which prompted ROC, (Dadra & Nagar Haveli) Gujarat to strike off the name of such company from its Register of Companies. No plausible explanation has been given for such failure. Although, it has been claimed that notice u/s 248(1) was not served but it is noted that notice in Form STK-5 containing name of this company was published. The Company is no doubt having business operations and has got capital liabilities as well as assets in its balance sheet. Company has already substantial revenue of Rs. 33.64 Crores and Rs. 14.58 Crores in the year 31.03.2018 and 31.03.2017 respectively. The revenue is increased in yearly basis. Thus, the name of the company needs to be restored in the Register of Companies maintained by ROC, (D....