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    <title>2021 (1) TMI 14 - NATIONAL COMPANY LAW TRIBUNAL HYDERABAD BENCH</title>
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    <description>The Tribunal granted the Company Application, ordering the restoration of the company&#039;s name in the Register of Companies under section 252(3) of the Companies Act, 2013. The applicant, a shareholder cum director, demonstrated the company&#039;s intention to comply with statutory requirements and benefit from the Companies Fresh Start Scheme 2020. The Tribunal directed the applicant to fulfill pending obligations, adhere to statutory provisions promptly, and pay a cost of Rs. 25,000 for restoration expenses. Emphasizing regulatory compliance and transparency, the decision highlighted the importance of meeting statutory obligations for the company&#039;s reinstatement and future operations.</description>
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      <description>The Tribunal granted the Company Application, ordering the restoration of the company&#039;s name in the Register of Companies under section 252(3) of the Companies Act, 2013. The applicant, a shareholder cum director, demonstrated the company&#039;s intention to comply with statutory requirements and benefit from the Companies Fresh Start Scheme 2020. The Tribunal directed the applicant to fulfill pending obligations, adhere to statutory provisions promptly, and pay a cost of Rs. 25,000 for restoration expenses. Emphasizing regulatory compliance and transparency, the decision highlighted the importance of meeting statutory obligations for the company&#039;s reinstatement and future operations.</description>
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