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Companies Law - Highlights / Catch Notes

Home Highlights May 2023 Year 2023 This

Restoration of the name of the Company - The Appellant Company ...


NCLT New Delhi's decision to strike off company with significant assets deemed legally unsustainable by Appellate Tribunal.

May 5, 2023

Case Laws     Companies Law     AT

Restoration of the name of the Company - The Appellant Company is having substantial movable as well as immovable assets, therefore, it cannot be said that the Appellant Company is not carrying on any business or operations. Hence, the order passed by the National Company Law Tribunal (New Delhi, Bench-II) as well as Registrar of Companies, NCT of Delhi & Haryana is not sustainable in law. - AT

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