2021 (9) TMI 273

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.... by the Respondent with effect from 29.10.2019 under the provisions of Section 248 of the Companies Act, 2013. Learned counsel for the Appellant represents that the Company was incorporated under the provisions of Companies Act, 2013 and has its registered office at Plot No. G-10, Block G, First Floor, Mohan Garden, Uttam Nagar, New Delhi-110059. 2. The Appellants are Members and Directors of the Company which is engaged primarily in the business of Manufacturing, designing, fabricating, refining, treating, processing, buying, selling, importing, exporting and otherwise dealing in all kinds of mosaic tiles, ceramic wares, porcelain earthen wares, stone wares, sanitary wares insulators, fire bricks, fire clay and other minerals and other ....

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....Section 248 of the Companies Act, 2013. However, the Appellant is seeking restoration of its name in the register as maintained by RoC, relying on the ground that the Appellant as of date is in active business and has been preparing all its financial statements and in the circumstances, it is just that the name of the Company should be restored on the register of RoC as maintained by the Respondent. In order to sustain the said plea, the Appellant has placed before us the following documents: i. True Copies of Financial Statements and Balance Sheet for the Financial Years 2015-16 to 2019-20 with details of cash and cash equivalent of Rs. 73,135/- as on 31.03.2020 and has total expenses for an amount of Rs. 3,47,031/- as on 31.03.20....