2022 (6) TMI 58

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..... oC), NCT of Delhi & Haryana. The Appellant - Company has authorised share capital of Rs. 50,00,000/- and paid-up share capital of Rs. 3,75,930/-. 2. It is briefly stated that M/s. Genesis Industrial Solution Private Limited was incorporated on 17.08.2010 as a private limited company bearing CIN: U74900DL2010PTC2017193 having registered office at 6562/1, Chamelian Road, Near Idgah, Delhi 110006, therefore lying within the territorial jurisdiction of this Tribunal. 3. It is submitted that since incorporation the main business of the appellant-company is "To provide consultancy business in industries and to set up steel furnaces and continuous casting and rolling mill plant for producing for steel and alloy ingots, steel and alloy steel bill .....

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..... has stated to submit copies of its Financial Statements and Annual Returns for the financial year ending 31.03.2014 and onwards to the respondent, with appropriate fees including late fees if its name is restored. 6. The appellant-company admitted its inadvertent failure to file the Financial Statements and Annual Returns for the financial year ending 31.03.2014 and onwards with the office of the concerned Registrar of Companies, NCT of Delhi and Haryana. The appellant-company further submits that the default in the statutory compliance was without mala fide motive and that was purely due to the lack of professional guidance of the management and was unaware of the notification regarding striking off the name of the appellant-company from .....

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..... may direct the RoC to restore the name in its Register if the company at the time of struck off (a) was carrying out business (b) or it was in operation or (c) it is otherwise just that the name of the company be restored on the register of RoC. 9. As a sequel of the aforesaid discussion, it is established on record that the company was carrying on the business and was operative at the time of the name struck off from the register of companies. Besides that, it is seen that the captioned appeal has been filed within the stipulated period prescribed under Section 252 of the Companies Act, 2013. Needless to say, that RoC, NCT of Delhi and Haryana have raised no specific objection against the restoration of name of the appellant-company subj .....

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