https://www.taxtmi.com/caselaws?id=432560 The National Company Law Tribunal (NCLT) dismissed an appeal challenging the rejection of restoring a company's name in the register under Section 421 of the Companies Act, 2013. The company failed to prove operational activities post-strike off, leading to closure due to financial difficulties. Despite arguments of financial compliance, including tax filings, the company's consistent failure to file financial statements and annual returns resulted in lawful dissolution. The NCLT upheld the dismissal, affirming the legality of the Registrar of Companies' actions and emphasizing the company's inability to meet statutory obligations post-strike off. en-us Fri, 06 Jan 2023 00:00:00 +0530 Mon, 09 Jan 2023 08:58:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432560 The National Company Law Tribunal (NCLT) dismissed an appeal challenging the rejection of restoring a company's name in the register under Section 421 of the Companies Act, 2013. The company failed to prove operational activities post-strike off, leading to closure due to financial difficulties. Despite arguments of financial compliance, including tax filings, the company's consistent failure to file financial statements and annual returns resulted in lawful dissolution. The NCLT upheld the dismissal, affirming the legality of the Registrar of Companies' actions and emphasizing the company's inability to meet statutory obligations post-strike off. Case-Laws Companies Law Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432560