https://www.taxtmi.com/caselaws?id=380743 The National Company Law Tribunal (NCLT) dismissed the appeal to restore the company's name to the Register of Companies under Section 252 of the Companies Act, 2013. Despite the Appellants' arguments regarding inadvertence and lack of competent professionals, the NCLT found insufficient evidence of active business operations or valid reasons for restoration. The NCLT emphasized the lack of revenue generation, compliance history, and ongoing business activities, ultimately rejecting the appeal due to the Appellants' failure to establish grounds for restoration based on the presented evidence. en-us Fri, 01 Feb 2019 00:00:00 +0530 Tue, 28 May 2019 07:50:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380743 The National Company Law Tribunal (NCLT) dismissed the appeal to restore the company's name to the Register of Companies under Section 252 of the Companies Act, 2013. Despite the Appellants' arguments regarding inadvertence and lack of competent professionals, the NCLT found insufficient evidence of active business operations or valid reasons for restoration. The NCLT emphasized the lack of revenue generation, compliance history, and ongoing business activities, ultimately rejecting the appeal due to the Appellants' failure to establish grounds for restoration based on the presented evidence. Case-Laws Companies Law Fri, 01 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380743