https://www.taxtmi.com/caselaws?id=438179 The National Company Law Tribunal (NCLT) upheld the Registrar of Companies' (ROC) strike-off order of M/s Millennium Realtech Pvt Ltd under Section 248 of the Companies Act, 2013. The NCLT dismissed the appeal under Section 252, ruling that the company was non-operational and failed to generate revenue in the preceding two years. Despite internal disputes and citing precedents, the NCLT found no merit in restoring the company's name, as it was not operational. The appeal was ultimately dismissed, affirming the ROC's decision to strike off the company's name. en-us Mon, 22 May 2023 00:00:00 +0530 Wed, 24 May 2023 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438179 The National Company Law Tribunal (NCLT) upheld the Registrar of Companies' (ROC) strike-off order of M/s Millennium Realtech Pvt Ltd under Section 248 of the Companies Act, 2013. The NCLT dismissed the appeal under Section 252, ruling that the company was non-operational and failed to generate revenue in the preceding two years. Despite internal disputes and citing precedents, the NCLT found no merit in restoring the company's name, as it was not operational. The appeal was ultimately dismissed, affirming the ROC's decision to strike off the company's name. Case-Laws Companies Law Mon, 22 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438179