2020 (12) TMI 958

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...., 2013 praying for restoration of the name of the Company to the Register of Companies maintained by the Registrar of Companies, Mumbai. 3. The Petitioner submits that the company was incorporated on 23.09.2013 under the Companies Act, 1956 as a private company limited by shares with the Registrar of Companies, Maharashtra, Mumbai. Its CIN is U45400MH2013PTC248470. The Petitioner company has been incorporated to carry on the following objects: "To carry on real estate business and to, buy, sell, take on lease, give on lease or on license and to maintain, develop, demolish, alter, construct, build and turn to account any land or buildings owned or acquired or leased by the Company or in which the Company may be interested as owne....

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....ssuing Public Notice in Form STK-7 Public Notice dated 12.09.2018 and informed the Petitioner Company that the name of the Company has been struck off from the Register of Companies and the Company has been dissolved. 6. The Petitioner Company further submits that due to striking off the name of the Petitioner Company, the Director Identification Numbers (DIN) of the directors of the Company have been deactivated. 7. Ld. Counsel appearing on behalf of the applicant submits before the Bench that the Company was incorporated by a young boy, who wished to explore his prospects in business. In between, he went aboard to complete his higher studies and could not concentrate on the functioning of the company and hence default in filing the ....

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....rther, Petitioner Company has incurred Total Expenses of Rs. 17,950.00 and has Current Assets of Rs. 79,181.00 for F.Y. 2015-16. The Petitioner Company has other current liabilities of Rs. 26,149.00 for F.Y. 2014-15 and 2015-16. 13. On hearing the submissions of the Learned Authorised Representative appearing on behalf of Petitioner andon perusal of the Report of Registrar of Companies, Maharashtra, Mumbai, the Audited Accounts submitted by the Petitioner Company and other documents placed on record, the Bench observes that the Petitioner Company has not generated revenues. However, the Petitioner Company has Current Assets & other current liabilities in its Books of Accounts. Therefore, it would be just, equitable and in the interest of....