TaxTMI 
TaxTMI 
2022 (1) TMI 19
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....tion dated June 7, 2021 invoking the provision of section 252(3) of the Companies Act, 2013 for restoration of the name of the company in the register maintained by the Registrar of Companies, NCT of Delhi and Haryana. 2. As per the averments, M/s. Sadbhavna Realtech P. Ltd., was incorporated on March 23, 2011 with CIN U45200DL2011PTC216425 having its registered office at Unit No. 502, Building D-Mall, Plot No. A-1, Wazirpur District Centre, Netaji Subhash Palace, Pitampura Delhi-110 034, which is within the jurisdiction of this Tribunal. 3. That as per the memorandum of association annexed, the main objects of the appellant-company are the following : "To acquire by purchase, lease, exchange, hire or otherwise, lands and immovable prop....
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....of Rs. 41,76,511. (b) Copies of the balance-sheets for the financial years from 2016-17 to 2019-20 depicting "Nil" revenue from operations. (c) Copies of Income-tax return acknowledgments for the assessment years from 2017-18 to 2020-21 (except for 2018-19) depicting filing of ITRs. 6. The appellant-company has relied upon the judgments of this Tribunal in the matter of Saksham Digital P. Ltd. v. Registrar of Companies and Aleron Electricals India P. Ltd. v. Registrar of Companies, wherein the Tribunal has allowed revival of the appellant-companies. 7. That during the final hearing on October 28, 2021 the Income-tax Department stated that it has submitted its report on September 10, 2021 however, on perusal the report was not found on....
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....f Companies, Company Petition No. 24 of 2012, dated June 5, 2017 quoted below : "9. In the present case in hand, as mentioned hereinbefore, petitioner No. 1-company is the owner of land admeasuring 10 bigha-4. kathas-19 lechas at Bongaigaon District. Hence, this appears to be a fit case wherein the court may take the judicial notice of the ever rising market value of land. In this regard, I find support from the case of Rattan Arya v. State of Tamil Nadu, AIR 1986 SC 1444 ; [1986] 3 SCC 385. The ownership of such a big estate is indicative of the fact that if there is no owner of any land, there is every likelihood of the said land will waste away by encroachment or otherwise or it will become a den for anti-social activities. Fraudulent ....