https://www.taxtmi.com/caselaws?id=756774 The NCLAT set aside the NCLT order striking off the appellant company from the register under Section 248(1)(c) of the Companies Act. The tribunal held that restoration was just and equitable considering the company's assets and its intention to shift business from iron ore to stone crushing. The restoration would benefit the state exchequer and aid employment generation. The appeal was allowed and the company's name was ordered to be restored to the ROC records. en-us Wed, 07 Aug 2024 00:00:00 +0530 Fri, 09 Aug 2024 08:55:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756774 The NCLAT set aside the NCLT order striking off the appellant company from the register under Section 248(1)(c) of the Companies Act. The tribunal held that restoration was just and equitable considering the company's assets and its intention to shift business from iron ore to stone crushing. The restoration would benefit the state exchequer and aid employment generation. The appeal was allowed and the company's name was ordered to be restored to the ROC records. Case-Laws Companies Law Wed, 07 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756774