Struck off of name by ROC unsustainable as substantial movable and immovable assets held by Company

Bharat Goyal Director Vs Registrar of Companies (NCLAT Delhi)

NCLAT Delhi held that struck off of name from the list of Active Companies by ROC unsustainable as Company is having substantial movable as well as immovable assets, and hence it cannot be said that the Appellant Company is not carrying on any business or operations.

Facts- The present appeal u/s 421 of the Please become a Premium member. If you are already a Premium member, login here to access the full content.