2020 (12) TMI 1134

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.... Kumar Gupta, Member (T) For the Appellant : Hardik Paranjape, Learned Counsel ORDER M.B. Gosavi, Member (J) 1. This Application has been filed under Section 252(3) of the Companies Act, 2013 for restoration of the name of the struck off company in the Register of Companies maintained by the ROC, Gwalior, Madhya Pradesh. 2. The facts, in brief, are that Company was incorporated on 1....

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....ny on 02.06.2017 3. Learned Counsel submitted that the appeal was listed for hearing before the Hon'ble Bench on 12.12.2017, 18.01.2018, 15.02.2018 but unfortunately on account of sheer unavoidable circumstances and absolutely inadvertence caused due to miscommunication with the Professional appointed to attend the said appeal, the said appeal could not be prosecuted and therefore, this Hon....

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....rading activities. From the perusal of the Financial Statements however, it could be said some activities exist. Further, the representative of the Applicant has categorically stated that intend to increase the volume of operations in future. Considering this, we think it is just and proper to restore the name of the company in the Register of Companies maintained by ROC, from the date of its stri....

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....d on the Register of Companies by the RoC; (iii) The Company's representative, who has filed the Company Appeal on behalf of the Applicant Company, is directed to personally ensure compliance of this order; (iv) The restoration of the Company's name is subject to the payment of cost of Rs. 25,000/- (Rupees Twenty Five Thousand Only) for each year of default through online....