Tribunal Orders Restoration of Company u/s 252(3) of Companies Act 2013, Citing Future Growth Potential.

Seeking to restore the name of the Company - It is significant to point out here that while considering an Application under Section 252(3) of the Companies Act, 2013, this Tribunal cannot focus only on the past activities, however, is also required to look into the future prospects of the Company and an upward movement in the business cycle of that industry which would result in the generation of revenue - RoC directed to restore the name and change status of Company from "strike off" to "Active" - Tri .....

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