https://www.taxtmi.com/caselaws?id=431200 The National Company Law Appellate Tribunal (NCLAT) allowed the appeal filed by a company under Section 421(1) of the Companies Act, 2013, challenging the National Company Law Tribunal's (NCLT) order dismissing the appeal for restoration of its name in the Registrar of Companies (RoC) register. The NCLAT found merit in the appellant's arguments, emphasizing the company's ongoing business activities supported by financial records and assets. The NCLAT set aside the NCLT's order, directing the restoration of the company's name in the RoC register, subject to specified compliances, including payment of costs and filing of pending returns. en-us Tue, 06 Dec 2022 00:00:00 +0530 Thu, 08 Dec 2022 09:40:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431200 The National Company Law Appellate Tribunal (NCLAT) allowed the appeal filed by a company under Section 421(1) of the Companies Act, 2013, challenging the National Company Law Tribunal's (NCLT) order dismissing the appeal for restoration of its name in the Registrar of Companies (RoC) register. The NCLAT found merit in the appellant's arguments, emphasizing the company's ongoing business activities supported by financial records and assets. The NCLAT set aside the NCLT's order, directing the restoration of the company's name in the RoC register, subject to specified compliances, including payment of costs and filing of pending returns. Case-Laws Companies Law Tue, 06 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431200