When a company fails to comply with the legal and regulatory requirements set by the Registrar of Companies (RoC), it may be struck off from the register maintained by Registrar of Companies. This can result in a loss of legal identity for the Company, making it difficult to conduct business or enter into any transactions. However, it may still be possible to revive the company and restore its legal status. NCLT Advisors offers the following services related to the revival of struck-off companies.
Legal Advice: NCLT Advisors offers legal advice to Companies & its Promoters on the legal and regulatory requirements for revival. The firm analyze the reasons for the strike-off, review legal documents, and provide guidance on the appropriate legal action to take.
Revival Petition: NCLT Advisors offers files a revival petition the National Company Law Tribunal (NCLT), depending on the nature of the case. NCLT Advisors offersprepare necessary documents, attend hearings, and negotiate with the authorities to obtain the necessary approvals.
Representation in NCLT: NCLT Advisors offers represent the Company in NCLT hearings related to revival. The firm can assist in the preparation of documents, attend hearings, and negotiate with creditors to obtain favorable outcomes for the company.
Compliance: NCLT Advisors offers also offers guidance on compliance with legal and regulatory requirements related to revival. NCLT Advisors offersassist in obtaining necessary approvals, complying with applicable laws, and filing necessary documents with the RoC.
In conclusion, the revival of a struck-off company requires a comprehensive approach that involves legal, financial, and strategic considerations. NCLT Advisors provide valuable services to Companies by assisting them in filing a revival petition, complying with legal and regulatory requirements, representing them in NCLT hearings, and ensuring compliance with applicable laws. By providing guidance and support, NCLT Advisors can help companies achieve legal identity, resume business activities, and restore their financial health.