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Name of co. to be restored when company expressed its willingness to file ROC returns with late fee

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Where name of a company was struck off because of delay in filing statutory returns, reasons of which was explained, and, company had expressed its willingness to file all returns along with payment of prescribed fee to which ROC had no objection, name of company was to be restored [2018] 92 taxmann . com 357 NATIONAL COMPANY LAW TRIBUNAL, HYDERABAD BENCH Ms. Rashmi Rajpal  v.  Klienz Herbal (P.) Ltd . FACTS The respondent-company was engaged in the business as manufactures Distributors and dealers in all kinds of herbal products and proprietary products, hair, skin, nail and other beauty preparations, deodorants, aerosol and pump-spray products, baby products, petroleum and minerals oil products, chemicals, acids and alkalis, all kinds of perfumery and other compounds, etc. The company had not filed its annual returns for the financial years 2011-12 to 2015-16. Hence, the company was served STK-1 notice, under section 248(1), (4) and (5) for non-fili...
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Merger/Acquisition deal of Aviation/Airline Industries

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Introduction:   A merging and acquisitions deal between two companies was not allowed because of rules and regulations of industries in the past. But a merging and acquisition deal in aviation or airline industries is relatively new strategic approach. Merging and acquisitions are two aspects which are related to management strategy, corporate industry and gives information about dealings, dividing, selling and buying will help to get mutually benefitted between companies. One such example where two companies merged and signed a deal is from aviation industry (Berry & Panle, 2010) . The U.S. Airways     and American West Airlines. In the year 2005, U.S. Airways     came forward to merge with America West into brand new U.S. Airways   . Several acquisitions were followed with reference to merging between U S Airways   with American West Airlines by other domestic airlines in U.S. market which are operating at that time which includes Delta ...
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