Ld. NCLT possesses authority to restore companies from register ...

Revival of company from register justified due to assets, business transition intent, revenue/ employment benefits.

Case Laws Companies Law

August 9, 2024

Ld. NCLT possesses authority to restore companies from register where deemed just, equitable from commercial perspective. Considering appellant's assets, intent to transition business, restoration deemed appropriate, beneficial for state revenue, employment generation. Impugned order set aside, appeal allowed, appellant company restored to ROC record.

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Ld. NCLT possesses authority to restore companies from register ...

Revival of company from register justified due to assets, business transition intent, revenue/ employment benefits.

Case Laws Companies Law

August 9, 2024

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