Restoration of name of company - The Appellant has been able to ...

Court Orders Restoration of Company's Name in Register; Removal Deemed Too Severe Without Opportunity to Rectify.

September 12, 2020

Case Laws     Companies Law     Tri

Restoration of name of company - The Appellant has been able to satisfy this bench that it has certain assets which necessitate and justify the restoration of its name in the Register of Companies. A step as stringent as what has been taken at least requires an opportunity to the appellant to take remedial measures. Merely to disallow restoration on grounds of its failure to file annual returns would be neither just nor equitable- Tri

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