https://www.taxtmi.com/caselaws?id=431548 The Appellate Tribunal allowed the appeal, setting aside the orders of the National Company Law Tribunal (NCLT) and Registrar of Companies (RoC). The Appellant Company's name was ordered to be restored in the Register of Companies, subject to specified compliances. The Tribunal found the Appellant had substantial assets and ongoing business activities, deeming the previous decisions unsustainable in law. The Appellant was directed to pay costs, file necessary documents, and comply with statutory requirements, with the RoC retaining authority for punitive measures in case of non-compliance. en-us Fri, 09 Dec 2022 00:00:00 +0530 Fri, 16 Dec 2022 09:39:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431548 The Appellate Tribunal allowed the appeal, setting aside the orders of the National Company Law Tribunal (NCLT) and Registrar of Companies (RoC). The Appellant Company's name was ordered to be restored in the Register of Companies, subject to specified compliances. The Tribunal found the Appellant had substantial assets and ongoing business activities, deeming the previous decisions unsustainable in law. The Appellant was directed to pay costs, file necessary documents, and comply with statutory requirements, with the RoC retaining authority for punitive measures in case of non-compliance. Case-Laws Companies Law Fri, 09 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431548