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Companies Law - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Restoration of name of company on the ROC - failure to file the ...

Case Laws     Companies Law

July 11, 2019

Restoration of name of company on the ROC - failure to file the returns - It being admitted by ROC that the accounting transactions undertaken qua its avowed objective were significant, the business being carried on by the company cannot be termed cosmetic or inconsequential - Tribunal has overlooked the factum of the significant accounting transactions - removal of name from the ROC was not justified

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