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HIGH COURT OF DELHI
CO.PET. 480/2010
/o BABA BREADS PRIVATE LTD ..... Petitioner
Through: Mr. Ali Nazvi, Advocate.
CO.PET. 480/2010
/o BABA BREADS PRIVATE LTD ..... Petitioner
Through: Mr. Ali Nazvi, Advocate.
VERSUS
REGISTRAR OF COMPANIES ..... Respondent
CORAM:
Through: Mr. K.S. Pradhan, Deputy Registrar of Companies for ROC.
HON'BLE MR. JUSTICE MANMOHAN
15.07.2011 The present petition has been filed under Section 560 of the
Companies Act, 1956 for restoration ofpetitioner-company.
Mr. K.C. Pradhan, Deputy Registrar of Companies appearing for respondent 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.
Co.Pet. 48012010 Page No.1 of2 2011:DHC:7089 Keeping in view the fact that the Annual Returns and Balance
Sheets have not been filed by the petitioner-company since inception i.e. 1ih August, 1990, Mr. Ali Naqvi, learned counsel for petitioner- company himself states that petitioner-company would pay additional costs ofRs.1,00,000/- to respondent.
Accordingly, upon payment of costs of Rs. 1,00,000/- within a period of twelve 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 No
Objection Certificate from the shareholders and Directors as well as 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 stand disposed of.
JULY 15,2011 vk Co.Pet. 480/2010 1\J MANMOHAN,J
Page No.2 of2 2011:DHC:7089
HON'BLE MR. JUSTICE MANMOHAN
15.07.2011 The present petition has been filed under Section 560 of the
Companies Act, 1956 for restoration ofpetitioner-company.
Mr. K.C. Pradhan, Deputy Registrar of Companies appearing for respondent 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.
Co.Pet. 48012010 Page No.1 of2 2011:DHC:7089 Keeping in view the fact that the Annual Returns and Balance
Sheets have not been filed by the petitioner-company since inception i.e. 1ih August, 1990, Mr. Ali Naqvi, learned counsel for petitioner- company himself states that petitioner-company would pay additional costs ofRs.1,00,000/- to respondent.
Accordingly, upon payment of costs of Rs. 1,00,000/- within a period of twelve 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 No
Objection Certificate from the shareholders and Directors as well as 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 stand disposed of.
JULY 15,2011 vk Co.Pet. 480/2010 1\J MANMOHAN,J
Page No.2 of2 2011:DHC:7089
JUDGMENT