https://www.taxtmi.com/caselaws?id=795123 Rule 87A(4)(c) of the National Company Law Tribunal Rules, 2016 is described as conferring discretionary, rather than mandatory, power to award costs in company restoration proceedings. Costs should reflect a reasoned, case-specific assessment of expenditure caused by the proceedings and circumstances justifying recovery. The note states that costs may be inappropriate where the Income Tax Department seeks restoration of struck-off companies solely to complete pending statutory assessment functions, particularly where no basis for the quantified amount is recorded. It also notes that a 16-day filing delay falls within the 45-day condonable period under the Companies Act, 2013 where satisfactorily explained. en-us Wed, 17 Jun 2026 00:00:00 +0530 Fri, 17 Jul 2026 08:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795123 Rule 87A(4)(c) of the National Company Law Tribunal Rules, 2016 is described as conferring discretionary, rather than mandatory, power to award costs in company restoration proceedings. Costs should reflect a reasoned, case-specific assessment of expenditure caused by the proceedings and circumstances justifying recovery. The note states that costs may be inappropriate where the Income Tax Department seeks restoration of struck-off companies solely to complete pending statutory assessment functions, particularly where no basis for the quantified amount is recorded. It also notes that a 16-day filing delay falls within the 45-day condonable period under the Companies Act, 2013 where satisfactorily explained. Case-Laws Companies Law Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795123