https://www.taxtmi.com/caselaws?id=418584 The National Company Law Tribunal ordered the restoration of the company's name, setting aside the Registrar's decision to strike it off. The Tribunal found the non-filing of annual returns and financial statements to be inadvertent, not willful, and attributed to lack of professional guidance and market conditions. Restoration was granted subject to payment of late fees and a specified cost to the Prime Minister Care Fund, emphasizing the interest of justice and balancing operational status with statutory compliance. en-us Thu, 10 Feb 2022 00:00:00 +0530 Mon, 21 Feb 2022 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418584 The National Company Law Tribunal ordered the restoration of the company's name, setting aside the Registrar's decision to strike it off. The Tribunal found the non-filing of annual returns and financial statements to be inadvertent, not willful, and attributed to lack of professional guidance and market conditions. Restoration was granted subject to payment of late fees and a specified cost to the Prime Minister Care Fund, emphasizing the interest of justice and balancing operational status with statutory compliance. Case-Laws Companies Law Thu, 10 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418584