https://www.taxtmi.com/caselaws?id=434101 The National Company Law Appellate Tribunal (NCLAT) allowed the appeal under Section 421 of the Companies Act, 2013, setting aside the National Company Law Tribunal's (NCLT) order and directing the restoration of the company's name in the Register maintained by the Registrar of Companies. The NCLAT recognized the company's substantial assets and ongoing business operations despite the name being struck off, emphasizing compliance with statutory requirements. Restoration was subject to fulfilling specified conditions, including payment of costs and filing pending documents, to safeguard legal status and stakeholder interests. en-us Thu, 16 Feb 2023 00:00:00 +0530 Fri, 17 Feb 2023 09:09:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434101 The National Company Law Appellate Tribunal (NCLAT) allowed the appeal under Section 421 of the Companies Act, 2013, setting aside the National Company Law Tribunal's (NCLT) order and directing the restoration of the company's name in the Register maintained by the Registrar of Companies. The NCLAT recognized the company's substantial assets and ongoing business operations despite the name being struck off, emphasizing compliance with statutory requirements. Restoration was subject to fulfilling specified conditions, including payment of costs and filing pending documents, to safeguard legal status and stakeholder interests. Case-Laws Companies Law Thu, 16 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434101