Authority: National Company Law Tribunal Chandigarh Bench (Court-I)

Order Date: 10 July 2026

Case Overview

The application was filed by Mehra Bio Chem Pb Ltd, through its Member-Director Mr. Rajiv Mehra, under Section 252(3) of the Companies Act, 2013. The company sought restoration of its name to the Register of Companies maintained by the Registrar of Companies (RoC), Punjab and Chandigarh, after it was struck off on 31 March 2017 under Section 248 of the Act. The company was incorporated on 16 July 1983 with an authorized share capital of ₹1,00,00,000 and a paid-up capital of ₹84,04,300. It was engaged in manufacturing, importing, exporting, and dealing in chemicals and chemical products. The company had filed its annual returns and financial statements only up to the financial year ending 31 March 1985 and had failed to file any subsequent documents. The company submitted that restoration was necessary to pursue surplus/decretal amounts from judicial proceedings, discharge liabilities, and complete statutory compliances.

The RoC, Punjab and Chandigarh, filed a report confirming that the company had not filed any documents after 31 March 1985 and had not obtained dormant status under Section 455. The Income Tax Department reported that no outstanding income tax demands or proceedings were pending against the company and raised no objection to the restoration.

The Tribunal found that the company had demonstrated that restoration was just and necessary to enable it to rectify defaults and pursue legal claims. The company undertook to file all outstanding statutory documents upon restoration.

Final Outcome

The Tribunal allowed the application subject to payment of costs of ₹1,00,000 to the Prime Minister National Relief Fund within three weeks. The RoC, Punjab and Chandigarh, was directed to restore the company's original status to 'active'. The company must file all pending statutory documents, including annual accounts and returns, with prescribed fees within 45 days of restoration. The company must also deliver a certified copy of the order to the RoC within 30 days. The order does not preclude the RoC from taking action for other violations, and the Income Tax Department may take action for non-filing or belated filing of returns.

Topics: Company Restoration, Statutory Compliance, NCLT Order