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NCLT Allahabad Restores Section 25 Company Struck Off Under Fast Track Exit Scheme

Case Law Details

TaxGuru Citation
2026 taxguru.in 12287
Case Name
Registrar of Companies Vs ACDI VOCA Social Development Organisation (NCLT Allahabad)
Date of Judgement/Order
Only available for paid members
Courts
NCLT
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Registrar of Companies Vs ACDI VOCA Social Development Organisation (NCLT Allahabad)

Summary: The National Company Law Tribunal, Allahabad Bench, Prayagraj, allowed CP No.30/ALD/2023 filed by the Registrar of Companies, Kanpur under the second proviso to Section 252(1) of the Companies Act, 2013, and directed restoration of the name of M/s ACDI VOCA Social Development Organisation in the Register of Companies. The order was pronounced on 16.07.2026. The connected CA No.18/2023 for condonation of delay was also allowed.

The Respondent Company had been incorporated on 28.09.2010 under Section 25 of the Companies Act, 1956, a provision corresponding to Section 8 of the Companies Act, 2013. Its stated objects included promoting broad-based economic growth and development of civil society and working in areas such as enterprise development, community development, agricultural development and food security. The company had an authorised capital of Rs. 10,00,000/-.

The company applied for striking off its name through e-form FTE under the Fast Track Exit mode, filing SRN B76356781 dated 04.06.2013. Its Board had resolved on 10.05.2013 to seek strike-off because the company had remained inoperative from incorporation and did not intend to carry on business. The application was made under Section 560 of the Companies Act, 1956 and the Ministry of Corporate Affairs’ General Circular No. 36/2011 dated 07.06.2011, which prescribed guidelines for striking off defunct companies under the Fast Track Exit mode.

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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 19,946

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