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TMI Blog2022 (7) TMI 929X X X X Extracts X X X X X X X X Extracts X X X X ..... ompany to rectify its defaults and continue the business. The Registrar of Companies, Punjab and Chandigarh, the respondent herein, is directed to restore the original status of the Petitioner company as if the name of the company had not been struck off from the Register of Companies with the resultant and consequential actions like changing status of petitioner company from 'struck off' to 'active' - Petition allowed. - CP No. 88/Chd/Pb/2021 - - - Dated:- 4-7-2022 - Harnam Singh Thakur , Member ( J ) And Subrata Kumar Dash , Member ( T ) For the Appellant : Vishav Bharti Gupta and Mamta Gupta , Advocates For the Respondents : Vivek Sethi , Advocate ORDER Harnam Singh Thakur , Member ( J ) 1. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ey had issued notice to the company and its directors in terms of Section 248 of the Companies Act, 2013 read with Rule 7 9 of Company (Removal of Names of Companies from the Register of Companies) Rules, 2016 because the company had not filed the statutory annual documents with the Registrar of Companies for the last 10 years i.e. 2007-08 to 2016-17 and believing that the company was not carrying on business or not in operation at the time of struck off, the matter may be decided provided the petitioner company files all the pending documents, all the dues, annual returns, and balance sheets along with the requisite fee and additional fee as prescribed in the Rules. 5. It has been stated by the Income Tax Department in its report file ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... spondent herein, is directed to restore the original status of the Petitioner company as if the name of the company had not been struck off from the Register of Companies with the resultant and consequential actions like changing status of petitioner company from 'struck off' to 'active'. b. The Petitioner company is directed to file all pending statutory documents including annual accounts and annual returns along with prescribed fees/additional fee/fine as decided by Registrar of Companies, Punjab and Chandigarh within 45 days from the date on which its name is restored on the Register of Companies maintained by the Registrar of Companies, Punjab and Chandigarh. c. The Union Bank of India (Account No. 35490101001 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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