Faridabad Industrial Automation Company Private Limited v. Registrar of Companies

Delhi High Court · 26 May 2011 · 2011:DHC:7024
Manmohan J
CO.PET. 134/2011
2011:DHC:7024
corporate petition_allowed

AI Summary

The Delhi High Court allowed restoration of the petitioner-company's name under Section 560 of the Companies Act, 1956 subject to payment of costs, filing of pending statutory returns, and obtaining no objection certificates.

Full Text
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HIGH COURT OF DELHI
CO.PET. 134/2011
FARIDABAD INDUSTRIAL AUTOMATION COMPANY PRIVATE LIMITED Petitioner
Through Mr. Sameer Nandwani, Adv.
VERSUS
REGISTRAR OF COMPAMES Respondent
Through Mrs. Richa Kukreja, Dy. ROC.
• HON'BLE MR. JUSTICE MANMOHAN
26.05.2011 The present petition has been filed under Section 560 of the
Companies Act, 1956 for restoration of petitioner-company.
Mrs. Richa Kukreja, Deputy Registrar of Companies appearing for respondent states that she has no objection to the name of the
Is petitioner-company being restored provided petitioner-company files no objection from other directors and shareholders as well as all pending statutory returns, i.e., Annual Returns and Balance Sheets and pays additional fee as prescribed under law.
Keeping in view the fact that the Annual Returns and Balance
Sheets have not been filed by the petitioner-company for a period of
2011:DHC:7024 nearly six years, Mr. Sameer Nandwani, 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 eight weeks' time to file no objection certificates from other directors and shareholders 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 and application stand disposed of.
LJ
MANMOHAN,J
•
MAY 269 2011 anb 2011:DHC:7024
JUDGMENT