2022 (1) TMI 1018

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ainst the order of strike off carried out by the Respondent namely, the Registrar of Companies, Chennai under Section 248 of the Companies Act, 2013. The present Application has been filed by the Petitioner seeking thereof to restore the name of the Company in the Register maintained by the Respondent/RoC. 2. The Company was incorporated on 26.04.2006 as per the provisions of Companies Act, 1956, bearing CIN: U70101TN2006PTC059625 having its registered office at No. 7, 3rd Trust Link Street, Mandavelipakkam, Santhome, Chennai-28, Tamil Nadu. The main object of the Company is (i) To carry out business, of purchase, sell, develop, take in exchange, or on lease, hire or otherwise acquire, whether for investment or sale, or working the same ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nd another one Mr. G. Sekar, Account Manager had demised during 2013 and 2017 respectively which resulted in such noncompliance. It is further submitted that the Petitioner has believed that the Company's Auditor would have complied the statutory compliances. As the Auditor has failed to do the same the Petitioner Company is put to this situation. It is further submitted that their IT returns and GST returns are filled till 2018-2019 and for 2020-2021 respectively. The Petitioners further submits that they have been carrying on their business from the date of their incorporation. Hence, the Petitioner has filed the present Application seeking thereof to restore the name of the Company in the Register maintained by the Respondent/RoC on ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....cknowledgment g. Copies of Invoices raised along with sale deed during 2018 h. Copies of payment sheet to employees between April 2018 - 2020 E-mail Correspondence with IT Department 7. Upon perusing the aforesaid documents, it is seen from the balance sheet and invoices and more particularly the bank statement posits the fact that the Company has been active for the period two years preceding the date of strike off and carrying on its business for the purpose of which it was incorporated. As observed from the records produced before this Tribunal, that in order to carry the future business operations, the existence of the Company becomes crucial which also fortifies the 'just' ground being a factor to be consid....