Tribunal Orders Restoration of Struck-Off Company for Non-Compliance, Directs Actions for Late Payments and Violations.

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....Statutory provisions regarding restoration of a company's name on the Register of Companies maintained by the Registrar of Companies (ROC) u/s 252(1) and 252(3) of the Companies Act, 2013 were analyzed. An appeal u/s 252(1) can be filed by any aggrieved person if the company is dissolved by the ROC u/s 248(1), with a limitation period of 3 years. However, an application u/s 252(3) can only be filed by certain persons if the company's name is struck off u/s 248(2), with a longer limitation period of 20 years. In this case, the ROC struck off the company u/s 248(1)(d) for non-compliance with Section 10A(1) regarding filing a declaration of subscription within 180 days of incorporation. The Tribunal allowed the appeal, directing the ROC to res.........