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NATIONAL COMPANY LAW TRIBUNAL
Smt. Lakshmi Gurung, Member (Judicial), Shri Hariharan Neelakanta Iyer, Member (Technical)
KASHINATH KRISHNA SHINDE – Appellant
Versus
THE REGISTRAR OF COMPANIES, PUNE – Respondent
| Table of Content |
|---|
| 1. company's striking off due to non-compliance. (Para 1 , 2 , 3 , 4) |
| 2. arguments presented by appellant and respondent. (Para 8 , 11) |
| 3. court's view on restoration. (Para 16 , 17) |
ORDER
1. This appeal has been filed under Section 252 (1) of the Companies Act, 2013 (hereinafter as Act) by Mr. Kashinath Krishna Shinde, a Director and Shareholder of "Silverstone Excavate Private Limited" (hereafter referred to as the Company/Appellant) seeking following prayers:
a. To direct the Registrar of Companies, Pune, to restore the name of the Company in the Register of Companies maintained by it from the date when it was struck off.
b. Pass such further order or orders as the National Company Law Tribunal, Mumbai Bench, may deem fit and proper.
Brief facts
2. The name of the company was struck off from the Register for failure to file Form INC 20A within 180 days of its incorporation as required under Section 10A of Companies Act, 2013 .
Submissions from the Appellant:
3. The company was incorporated on 29.10.2020 under the Companies Act, 2013 . Though the subscription amount of Rs. 10,00,000/- was deposited by the shareholders but, the declaration regarding the payment of subscripti
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