(1.) Pursuant to short order dictated in the open court on 22.01.2018, the detailed order is rendered as follows:-
(2.) Upon notice ordered to the Registrar of Companies, the RoC has not filed any representation in this regard till date.
(3.) Upon notice ordered to the Income Tax Department, the Revenue has filed its report on 04.01.2018 and upon consideration of the Appeal it has concluded as follows: