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    <title>2021 (1) TMI 518 - NATIONAL COMPANY LAW TRIBUNAL CHENNAI BENCH</title>
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    <description>The Tribunal allowed the Application for restoration of the company&#039;s name, which had been struck off under Section 248 of the Companies Act, 2013. The Applicant provided evidence of active business operations and compliance with financial obligations. The Tribunal, noting the lack of objections from the Respondent, directed the Applicant to fulfill certain post-restoration conditions to ensure compliance with statutory requirements. The restoration did not automatically reinstate disqualified directors and did not limit the Respondent&#039;s power to take action for late filings, emphasizing the need for ongoing compliance with regulatory obligations.</description>
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      <description>The Tribunal allowed the Application for restoration of the company&#039;s name, which had been struck off under Section 248 of the Companies Act, 2013. The Applicant provided evidence of active business operations and compliance with financial obligations. The Tribunal, noting the lack of objections from the Respondent, directed the Applicant to fulfill certain post-restoration conditions to ensure compliance with statutory requirements. The restoration did not automatically reinstate disqualified directors and did not limit the Respondent&#039;s power to take action for late filings, emphasizing the need for ongoing compliance with regulatory obligations.</description>
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