TMI Blog2019 (8) TMI 881X X X X Extracts X X X X X X X X Extracts X X X X ..... gistrar of Companies into action for striking off the name of the Company, nor the Company gave reply to the notice issued by the Registrar of Companies - Hence, it is a fit case for imposing cost of ₹ 25,000/- for each year of default so that such recurrence can be avoided and a culture of compliance of statutory requirement in time, is brought in. The 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 with resultant and consequential actions like changing status of Company from 'strike off' to Active; activating DIN Nos. etc. - Appeal disposed off. - Appeal No. 610/KB/2019 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... F.Y. Revenue from Operation (in Rs.) Profit before Tax (PBT) (in Rs.) 2014-15 87,61,745/- 203,150/- 2015-16 77 ,87,888/- 287,696/- 2016-17 11267,715/- 297,379/- 2017-18 82,08,106/- 347,891/- 4. Due to non-filing of financial statements, the Registrar of Companies, gave notice to the Company under Section 248 of the Companies Act, 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d both the parties. 8. It is noted that the Company is having regular operations and have got substantial revenue therefrom. Hence, it can be safely concluded that the Company is in operation. This fact is also corroborated by the various licences/Bank statements as well as the copies of Income Tax returns submitted by the Appellant. However, no plausible reasoning has been given for non-filing of returns which set Office of the Registrar of Companies into action for striking off the name of the Company, nor the Company gave reply to the notice issued by the Registrar of Companies. Hence, it is a fit case for imposing cost of ₹ 25,000/- (Rupees Twenty five thousand only) for each year of default so that such recurrence ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ompany pursuant to orders of Hon'ble NCLT in Appeal No. 610/KB/2019 . (v) The appellant is permitted to deliver a certified copy of this order with ROC within thirty days of the receipt of this order. (vi) On such delivery and after duly complying with above directions, the Registrar of Companies, West Bengal is directed to, on his office name and seal, publish the order in the official Gazette; (vii) This order is confined to the violations, which ultimately leads to the impugned action of striking off the name of the Company, and it will not come in the way of ROC to take appropriate action(s) in accordance with law, for any other violations /offences, if any, committed by the appellant compa ..... X X X X Extracts X X X X X X X X Extracts X X X X
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