Saturday, October 24, 2020

RESTORATION OF NAME OF COMPANY IN THE REGISTER OF COMPANIES

 2020 (10) TMI 969 - NATIONAL COMPANY LAW TRIBUNAL , KOCHI BENCH

M/S WHITE FORT CONSTRCUCTIONS AND ENGINEERS PRIVATE LIMITED VERSUS THE REGISTRAR OF COMPANIES, KERALA AND LAKSHADWEEP


Restoration of name of the Company in the Register of Companies, maintained by the Registrar of Companies, Kochi - delay in filing the Balance Sheets and Annual Returns - Section 252(3) of the Companies Act, 2013 - HELD THAT:- It appears from the records that vide order dated 28.07.2020, the appellant was directed to produce the Financial Statements of the Company for the Financial Year 2018-19 along with the GST Returns. The appellants produced the same on 23.09.2020.

This Tribunal is of the opinion that it would be just and equitable to order restoration of the name of the Company in the Register of Companies - Registrar of Companies, the respondent herein, is ordered to restore the original status of the Appellant Company as if the name of the company has not been struck off from the Register of Companies and take all consequential actions like change of company’s status from ‘Strike off’ to Active (for e-filing) and to intimate the bankers about restoration of the name of the company so as to defreeze its accounts - Application allowed.

No.- CA/36/KOB/2020

Dated.- October 16, 2020

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