SEYON RENTACAR PRIVATE LIMITED Vs. REGISTRAR OF COMPANIES

JUDGEMENT

(1.) This petition is filed by the Applicant Company M/s. Seyon Rentacar Private Limited praying for the restoration of the Company on the Register of Companies maintained by the Registrar of Companies, Bengaluru, Karnataka and for issuance of direction to the Registrar of Companies, Karnataka to restore the name of the Company as originally entered in its Register. The averments made in the Company Petition are as follows:

(2.) The Practicing Company Secretary (PCS) further submitted that the Company has filed Memorandum of Association of the Company, HDFC Bank details, IT Returns for the Assessment Year 2015-16, Balance Sheet as at 31.03.2015 and 31.03.2016. The Company is having a turnover exceeding Rs. 50.00 lakhs in the Financial Year 2014-15 and over Rs. 200.00 lakhs in the Financial Year 2015-16 with Profit Before Tax and is also having tangible fixed assets, trade receivables and other current assets as per Enclosures at page Nos. 105 to 128.

(3.) The bank details are from Enclosures at page Nos. 45 to 53. The IT Returns for the Assessment Year 2014-15 and Assessment Year 2016-17 are from Enclosures at page Nos. 55 to 76.