Krisam Properties Pvt. Ltd. v. Registrar of Companies

Delhi High Court · 01 Jun 2011 · 2011:DHC:7037
Mrs. Richa Kukreja; Manmohan
CO.PET. 216/2011
2011:DHC:7037
corporate petition_allowed

AI Summary

The Delhi High Court allowed restoration of Krisam Properties Pvt. Ltd. under Section 560 of the Companies Act, 1956 subject to payment of costs and filing of pending statutory documents.

Full Text
Translation output
), #7 / HIGH COURT OF DELHI
CO.PET. 216/2011
MIS. KRISAM PROPERTIES PVT. LTD.
Through
VERSUS
REGISTRAR OF COMPANIES
Through
CORAM: ..... Petitioner Mr. Pradeep K. Mittal, Advocate ..... Respondent
Mrs. Richa Kukreja, Deputy ROC.
HON'BLE MR. JUSTICE MANMOHAN
01.06.2011 The present petition has been filed under Section 560 of the
Companies Act, 1956 for restoration ofpetitioner-company. 4
'
Mrs. Richa Kukreja, Deputy Registrar of Companies appearing for respondent states that she 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.
CO.PET. 216/2011 Page 1 of2
2011:DHC:7037 Keeping in view the fact that the Annual Returns and Balance Y
Sheets have not been filed by the petitioner-company for a period of nearly eleven years, Mr. Pradeep K. Mittal, learned counsel for petitioner-company himself states that petitioner-company would pay additional costs ofRs.l,OO,OOO/- 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 and application stand disposed of.
JUNE 01, 2011 rn CO.PET. 21612011 \\---1 MANMOHAN,J
Page2of2 2011:DHC:7037
JUDGMENT