Restoration to register

(1) If the name of a company has been struck off the Register under section 107(4), the company, or a creditor, member or liquidator thereof, may apply to the court to have the name of the company restored to the Register. 114 (2) If upon an application under sub-section (1), the court is satisfied that– (a) at the time the name of the company was struck off the Register, the company did satisfy the requirements prescribed for an (b) it would be fair and reasonable for the name of the company to be restored to the Register, the court may order the name of the company to be restored to the Register upon payment to the Registrar of all fees due under section 113 and all licence fees due under section 114 without any increase for late payment, and upon restoration of the name of the company to the Register, the name of the company is deemed never to have been struck off the Register. (3) If the name of a company has been struck off the Register under section 107(6), the company, or a creditor, member or liquidator thereof, may, within 5 years immediately following the date of the striking off, apply to the Registrar to have the name of the company restored to the Register, and upon payment to the Registrar of– (a) all fees due under section 113; (b) the licence fee stated in the notice referred to in section 107(5); and (c) a licence fee in the amount stated in the notice referred to in paragraph (b) for each year or part thereof during which the name of the company remained struck off the Register, the Registrar shall restore the name of the company to the Register and upon restoration of the name of the company to the International Business Companies[CAP. 270 115 Register, the name of the company shall be deemed never to have been struck off the Register. (4) For purposes of this Part, the appointment of an official receiver under section 110 operates as an order to restore the name of the company to the Register. off.