https://www.taxtmi.com/caselaws?id=433813 The appellate tribunal allowed the appeal under Section 421 of the Companies Act, 2013, challenging the NCLT's order for restoration of the company's name in the Register. The tribunal found the company possessed substantial assets contradicting claims of non-operation, rendering the NCLT and RoC orders unsustainable. Conditions for compliance were set, emphasizing the importance of due process and considering company assets before strike-off actions, ensuring adherence to legal provisions in company law. en-us Wed, 08 Feb 2023 00:00:00 +0530 Fri, 10 Feb 2023 09:43:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433813 The appellate tribunal allowed the appeal under Section 421 of the Companies Act, 2013, challenging the NCLT's order for restoration of the company's name in the Register. The tribunal found the company possessed substantial assets contradicting claims of non-operation, rendering the NCLT and RoC orders unsustainable. Conditions for compliance were set, emphasizing the importance of due process and considering company assets before strike-off actions, ensuring adherence to legal provisions in company law. Case-Laws Companies Law Wed, 08 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433813