Whether or not your company has been struck off is a complex question. Here you need an experienced and knowledgeable lawyer to help with the Restoration of a Company after Strike Off. The process of restoring a company that has been strike-off can vary depending on the circumstances. There are several steps that you can take to get your company back online. Are you looking for corporate attorneys in Chennai? Rajendra Law Office is one of the most experienced and trusted firms specializing in legal services for companies. They offer comprehensive support to companies looking to restore their status after a strike-off. Moreover, they deal with matters related to the Registrar of Companies (ROC), National Company Law Tribunal (NCLT), and National Company Law Appellate Tribunal (NCLAT). Our senior corporate lawyers are always ready to provide efficient legal services on a retainer ship basis. Restoration Of Company After Strike Off At Rajendra Law Office, we understand the concerns of senior corporate lawyers in Chennai. We provide expert legal support for the restoration of your company after the strike-off. Our team of experienced corporate attorneys and company advocates work tirelessly. They ensure that all legal processes are followed accurately and efficiently. Our services include representation before the Registrar of Companies (ROC), National Company Law Tribunal (NCLT), and National Company Law Appellate Tribunal (NCLAT). Rajendra Law Office offers their clients customized solutions on a retainer ship basis. They address their individual needs and provide them with cost-effective options. They have vast experience in […]
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What is the revival of a company from strike-off in Chennai, or any other jurisdiction in India? This involves a legal procedure that typically takes place in the National Company Law Tribunal (NCLT).
Here’s a general outline of the process:
1. Revival of Company from Strike off Petition filing:
The first step is to file a petition with the NCLT seeking the revival of the company. In fact, The petition should include the necessary details and supporting documents. They are such as the reasons for the strike-off, financial statements, board resolutions, and any other relevant information.
2. Notice to stakeholders:
After the filing of the petition, the NCLT will issue a notice to the Registrar of Companies (RoC), creditors, shareholders, and any other interested parties. This notice informs them about the revival petition. Of course, this gives them an opportunity to raise objections or provide their input within a specified time.
3. Objection handling:
If stakeholders raise any objections, the NCLT will conduct hearings to address and resolve those objections. The petitioner and other relevant parties will have the opportunity to present their arguments and evidence supporting the revival of the company.
4. NCLT order in Revival of Company from Strike off
Firstly, The NCLT will make a decision on whether to approve the Revival of the company from Strike off process based on the petition, supporting documents, and the arguments presented by the parties involved. Meanwhile, The NCLT will issue an order for the revival and provide specific directions if it determines that the revival is justified and in the interest of the stakeholders.
5. Compliance and restoration in Revival of Company from Strike off
Once the NCLT order is received, the company needs to comply with the specified requirements. Moreover, This may include filing updated financial statements, resolutions, and other necessary documents with the RoC, as directed by the NCLT. Finally, The company’s status will be changed from “struck off” to “active” in the official records after the fulfilment of the compliance requirements.
Firstly, It’s important to note that the specific details and requirements of the process in the Revival of company from Strike off process can vary depending on the circumstances and the NCLT’s instructions. Meanwhile, It’s advisable to consult with an experienced lawyer who specializes in company law and has knowledge of the procedures followed in the Chennai NCLT to guide you through the specific steps and requirements for reviving a company from strike-off.
