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TMI Blog2021 (6) TMI 187X X X X Extracts X X X X X X X X Extracts X X X X ..... along with demonetization affidavit is enclosed to the Application. We are satisfied with the reasons shown by the Applicant for restoration of the name of the Company in the register of companies maintained by the Respondent. The Registrar of Companies, the respondent herein, is ordered to restore the original status of the Company as if the name of the company has not been struck off from the Register of Companies and take all consequential actions - Application allowed. - CA No. 04/252/HDB/2021 - - - Dated:- 17-3-2021 - Bhaskara Pantula Mohan, Member (J) And Veera Brahma Rao Arekapudi, Member (T) For the Appellant : G. Sumathi For the Respondents : B. Jithender, CGSC ORDER Veera Brahma Rao Arekapudi, Member (T) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ents and Annual returns and not responding to the notices of ROC, Hyderabad is purely due to oversight and unintentional. e. It is averred that the company is doing business and all the pending documents Annual returns and Audited Balance Sheets will be filed by the Applicant with fee and additional fees as specified under the provisions of the Companies Act, 2013 as soon as the name is restored in the Register of Companies. f. The Learned Counsel submits that unless the present Application is allowed and the name of the Company is restored on the Register of the Companies maintained by the RoC, the Applicant shall suffer irreparable loss and hardship. Submissions by Respondent/RoC: 3. The Registrar of Companies, Hyderabad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the years 2013-14 to 2019-20 since the Company was struck off on 21.07.2017. 7. Further submitted that the DIN of Directors were freezed by the Registrar on account disqualification under Section 164(2) of the Companies Act, 2013 hence the removal of disqualification of Director or reactivation of DIN may not be ordered. 8. In view of the facts and circumstances, application may be considered only after supporting documents are produced by the Applicant. FINDINGS: 9. We heard the Learned counsel appearing for the Applicant and perused the documents on record. The Applicant is the Director and Shareholder of the Company. It is submitted by the Applicant that the Company is in operation and is carrying on its business. The failu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 'struck off to Active (for e-filing), to restore and activate the DINs if applicable, to intimate the bankers about restoration of the name of the company so as to defreeze its accounts. 2. The Applicant/the company is directed to file all the statutory document(s) along with INC-28 and prescribed fees/additional fee/fine as decided by RoC within 30 days from the date on which its name is restored and personally ensure compliance of this order. 3. The Applicant/the Company is directed to comply with the observations/clarifications as required by the ROC, Hyder ..... X X X X Extracts X X X X X X X X Extracts X X X X
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