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2020 (11) TMI 13

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..... Companies Act, 2013 (for brevity 'the Act') against the order of striking off the name of the company, passed by the Respondent under Section 248 (1) of the Act, issued vide bearing No. ROC/DELHI/248(5)/STK-7/4865 dated on 08.08.2018by Registrar of Companies, the respondent herein. 2. The Appellants state that, the company was incorporated as a Private Limited Company with the Registrar of Companies, NCT of Delhi and Haryana under the Companies Act, 1956 on 31.12.2010with CIN U55101DL2010PTC212009,having its registered office situated at 26, 3rd Floor, Hauz Khas, Village New Delhi, South Delhi- 110016,within the jurisdiction of this Tribunal. 3. The Authorized Share Capital of the company is Rs. 1,00,000/- divided into 10,000 equity shar .....

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..... val of Names of Companies from the Register of Companies) Rules, 2016. 7. The Appellant has brought forward the following documents about it being in operation and functional during the period of striking off: i. The copies of Audited Financial Statements of the company for the period from F. Y. 2015-2016, 2016-17 and 2017-18. The Balance Sheet as on 31.03.2018 reflects Assets in form of Tangible Assets of Rs. 17,30,422/-, Current Assets in form of Cash and cash equivalents of Rs. 12,0548/- and Revenue from operation Rs. 65,23,320/-. ii. The copy of Bank Statements of the Company in HDFCBank for the period 01.04.2017 to 10.09.2018 showing various transaction details of the company and reflecting closing credit balance of Rs. 5,230.29 a .....

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..... e name has been struck off, and such Company is able to demonstrate that it is just to do so, can restore the name of the Company, in the Register and in the interest of all stakeholders, including the Appellant itself, who seeks restoration of the name of the Company in the register maintained by Registrar of Companies, the company deserve to be restored. 12. Accordingly, this appeal is allowed. The Public Notice of Registrar of Companies, striking off the name of the company, is hereby declared illegal and set aside. The restoration of the company's name to the Register of Registrar of Companies is ordered subject to its filing of all outstanding documents with proper filing fees along with additional fees required under law and completi .....

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