Habeas corpus challenge to arrest safeguards remains maintainable, but substantial compliance with reasons-to-believe requirement defeats the petition...
Ld. NCLT possesses authority to restore companies from register where deemed just, equitable from commercial perspective. Considering appellant's assets, intent to transition business, restoration deemed appropriate, beneficial for state revenue, employment generation. Impugned order set aside, appeal allowed, appellant company restored to ROC record.
Ld. NCLT possesses authority to restore companies from register where deemed just, equitable from commercial perspective. Considering appellant's assets, intent to transition business, restoration deemed appropriate, beneficial for state revenue, employment generation. Impugned order set aside, appeal allowed, appellant company restored to ROC record.
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