https://www.taxtmi.com/caselaws?id=408193 The National Company Law Tribunal, Chennai Bench, granted the Applicant's plea for restoration of the company's name in the Register maintained by the Respondent under Section 252(3) of the Companies Act, 2013. Despite compliance failures, the Tribunal exercised discretion, emphasizing the company's ongoing business activities evidenced by financial records. Specific directions were issued for compliance post-restoration, including filing pending returns, payment of costs, and adherence to statutory requirements within specified timelines. The judgment underscores the importance of compliance and the Tribunal's authority to restore struck-off company names based on evidence of business operations. en-us Wed, 24 Mar 2021 00:00:00 +0530 Thu, 03 Jun 2021 08:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408193 The National Company Law Tribunal, Chennai Bench, granted the Applicant's plea for restoration of the company's name in the Register maintained by the Respondent under Section 252(3) of the Companies Act, 2013. Despite compliance failures, the Tribunal exercised discretion, emphasizing the company's ongoing business activities evidenced by financial records. Specific directions were issued for compliance post-restoration, including filing pending returns, payment of costs, and adherence to statutory requirements within specified timelines. The judgment underscores the importance of compliance and the Tribunal's authority to restore struck-off company names based on evidence of business operations. Case-Laws Companies Law Wed, 24 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408193