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$-29
% 27.07.2011
Present: Mr. Mukesh Sukhija with Mr. Puneet Khanna, Advocates for MIs. Weicross India Pvt. Ltd.
Mr. K.S. Pradhan, Deputy Registrar of Companies for ROC.
+ Co. Appi. 1489/2011
*
With the consent of parties, the present application is allowed and the matter is taken up for final hearing.
Co.Pet.405/2009
The present petition has been filed under Section 560 of the Companies Act, 1956 for restoration of petitioner-company
Mr. K.S. Pradhan, Deputy Registrar of Companies appearing for Registrar of Companies states that he has no objection to the name of the petitioner-company being restored provided petitioner-company files pending statutory returns, i.e., Annual Returns and Balance
Sheets and pays additional fee as prescribed under law. The petitioner-company has already filed no objection from other shareholders and directors of company along with the petition.
Keeping in view the fact that the Annual Returns and Balance
Sheets have not been filed by the petitioner-company for a period of
Co.Pet.40512009 Page No.1 of 2
2011:DHC:9174 nearly 13 years, Mr. Mukesh Sukhija, learned counsel for petitioner- company himself states that petitioner-company would pay additional costs of Rs.1,00,000/- to respondent.
Accordingly, upon payment of costs of Rs. 1,00,000/- within a period of six weeks, the name of the petitioner-company shall stand restored and its status would be changed from inactive to active company. Petitioner-company is granted four weeks' time to file statutory documents, like Annual Returns and Balance Sheets for the outstanding period along with the prescribed fees in accordance with law.
With the aforesaid observations, present petition stands disposed of.
Li
MANMOB1NJ
JULY 279 2011 vk
Co.Pet40512009 Page No.2 of2
2011:DHC:9174
% 27.07.2011
Present: Mr. Mukesh Sukhija with Mr. Puneet Khanna, Advocates for MIs. Weicross India Pvt. Ltd.
Mr. K.S. Pradhan, Deputy Registrar of Companies for ROC.
+ Co. Appi. 1489/2011
*
With the consent of parties, the present application is allowed and the matter is taken up for final hearing.
Co.Pet.405/2009
The present petition has been filed under Section 560 of the Companies Act, 1956 for restoration of petitioner-company
Mr. K.S. Pradhan, Deputy Registrar of Companies appearing for Registrar of Companies states that he has no objection to the name of the petitioner-company being restored provided petitioner-company files pending statutory returns, i.e., Annual Returns and Balance
Sheets and pays additional fee as prescribed under law. The petitioner-company has already filed no objection from other shareholders and directors of company along with the petition.
Keeping in view the fact that the Annual Returns and Balance
Sheets have not been filed by the petitioner-company for a period of
Co.Pet.40512009 Page No.1 of 2
2011:DHC:9174 nearly 13 years, Mr. Mukesh Sukhija, learned counsel for petitioner- company himself states that petitioner-company would pay additional costs of Rs.1,00,000/- to respondent.
Accordingly, upon payment of costs of Rs. 1,00,000/- within a period of six weeks, the name of the petitioner-company shall stand restored and its status would be changed from inactive to active company. Petitioner-company is granted four weeks' time to file statutory documents, like Annual Returns and Balance Sheets for the outstanding period along with the prescribed fees in accordance with law.
With the aforesaid observations, present petition stands disposed of.
Li
MANMOB1NJ
JULY 279 2011 vk
Co.Pet40512009 Page No.2 of2
2011:DHC:9174
JUDGMENT