NCLT not empowered to suo motu restore name of struck off company

Dhirendra Pratap Singh & Anr. Vs Dook Consulting Pvt. Ltd. & Ors. (NCLT Delhi) NCLT Delhi held that the power of the Tribunal to restore the name of a struck off company under Section 252 of the Companies Act, 2013 is not a suo motu power. The restoration application is dismissed due to lack of diligence. Facts- Vide the present appeal, the applicant is seeking restoration of C.P. No. 54/ND/2014, which was dismissed by this Tribunal vide order dated 01.07.2021 for non-prosecution. It is submitted that applicant was not aware of the said order of dismissal for non-prosecution and came t...