NCLT Chandigarh allows Healcure Life Sciences' appeal to restore its name to the companies register after it was struck off for non-filing of Form INC-20A.
The company demonstrated operational status with invoices, bank statements, and filed IT returns, though Income Tax Dept noted outstanding demands of ₹1.60 lakh.
Restoration is conditional on payment of ₹50,000 cost to PMNRF and filing all pending statutory documents within 45 days of restoration.
The order safeguards the Income Tax Department's right to recover outstanding dues and take action for any belated IT return filings.