https://www.taxtmi.com/caselaws?id=392166 The Appellate Tribunal set aside the order of the National Company Law Tribunal (NCLT) affirming the striking off of the company's name from the Register of Companies. The Tribunal directed the restoration of the company's name, emphasizing compliance requirements, including payment of costs and filing overdue returns. Despite initial doubts on the company's status as a going concern, the Tribunal considered evidence of business activities and assets, overturning the decision based on substantial assets and ongoing business operations. Compliance post-restoration was stressed, with the possibility of punitive actions by the Registrar of Companies if necessary. en-us Mon, 20 Jan 2020 00:00:00 +0530 Wed, 06 May 2020 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392166 The Appellate Tribunal set aside the order of the National Company Law Tribunal (NCLT) affirming the striking off of the company's name from the Register of Companies. The Tribunal directed the restoration of the company's name, emphasizing compliance requirements, including payment of costs and filing overdue returns. Despite initial doubts on the company's status as a going concern, the Tribunal considered evidence of business activities and assets, overturning the decision based on substantial assets and ongoing business operations. Compliance post-restoration was stressed, with the possibility of punitive actions by the Registrar of Companies if necessary. Case-Laws Companies Law Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392166