https://www.taxtmi.com/caselaws?id=389459 The NCLAT allowed the appeal filed by Calcutta Rubber Factory Pvt Ltd and its directors/shareholders against the order of NCLT affirming the strike off of the company's name from the register. The NCLAT found non-compliance with mandatory provisions of Section 248(1) of the Companies Act, 2013 by the ROC. Despite the company's non-functional status, ownership of immovable property, and financial difficulties, the NCLAT directed the restoration of the company's name to the register, emphasizing compliance with statutory provisions and considering relevant factors in its decision. en-us Fri, 06 Dec 2019 00:00:00 +0530 Mon, 09 Dec 2019 13:04:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389459 The NCLAT allowed the appeal filed by Calcutta Rubber Factory Pvt Ltd and its directors/shareholders against the order of NCLT affirming the strike off of the company's name from the register. The NCLAT found non-compliance with mandatory provisions of Section 248(1) of the Companies Act, 2013 by the ROC. Despite the company's non-functional status, ownership of immovable property, and financial difficulties, the NCLAT directed the restoration of the company's name to the register, emphasizing compliance with statutory provisions and considering relevant factors in its decision. Case-Laws Companies Law Fri, 06 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389459