2020 (12) TMI 1353

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..... of its incorporation and the Income tax Returns filed show losses as submitted by the Counsel for the Income tax Department. In the facts and circumstances recorded herein, there does not appear any grounds for ordering the restoration of the name of the company in the Register of the Companies. The Company appears to be a shell Company. The application is devoid of merits and filed to misuse t .....

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..... e also filed upto the Financial Year, 2011-2012. Due to the non-compliance with the provisions of the Companies Act, 2013, the name of the Company was struck off from the Register of the Companies on 30th June, 2017. Thereafter, the present Petition has been filed on 16.7.2020. In other words, the petition has been filed after a gap of three years from the date of striking of name of the compan .....

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