Case Law Details
Sirsa Jute Mills Private Limited Vs Registrar of Companies NCT of Delhi and Haryana (NCLAT Delhi)
NCLAT Delhi held that striking off of the companies name due to default in submitting of a statutory record because of some internal disputes among the shareholders and management is unsustainable in law.
Facts- The present Appeal u/s. 421 of the Companies Act, 2013, has been filed by the Appellants being aggrieved and dissatisfied by the order dated 01.03.2021 passed by the National Company Law Tribunal whereby and where under appeal filed by the Appellant company through its Shareholder M/s Acme Consultants Private Limited for restoration of the name of the Appellant Company in the register maintained by the Registrar of Companies (RoC), NCT of Delhi and Haryana was dismissed by the Tribunal.
Since inception, the Appellant company has duly complied with all the regulatory compliances and had filed its Income Tax Returns and TDS Returns under the Income Tax Act, 1961 with the Income Tax department, Government of India. The accounts of the Appellant Company have been audited for the period ended 31.03.2008.
Appellant No. 1 was actively doing its business activities and was also clear from the fact that the Appellant Company is maintaining a Current Accounts with the Oriental Bank of Commerce & Indian Overseas Bank.
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