Authority: National Company Law Tribunal Chandigarh Bench (Court-I)
Order Date: 14 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Chandigarh Bench heard an application filed by Moudgil Fibres Limited under Section 252(3) of the Companies Act, 2013. The applicant company, represented by advocates Mr. Aditya Grover and Ms. Divya Arora, sought restoration of its name in the Register of Companies maintained by the Registrar of Companies, Haryana, after it was struck off under Section 248 of the Companies Act, 2013. The respondents included the Registrar of Companies, Haryana (represented by Mr. Vijaya Simha Reddy, Deputy ROC), the Regional Director of Companies, and the Income Tax Department (represented by Mr. Varun Issar, Sr. Standing Counsel).
The Tribunal noted that while the matter was heard and reserved for order on 12 June 2026, a procedural deficiency was identified during post-hearing review. Specifically, the Tribunal observed that despite its order dated 05 June 2026 (in CA No. 52/2022) directing amendment of the memo of parties in the main Company Petition, the amended memo of parties had not been filed and was not on record. This non-compliance prevented proper adjudication with all necessary parties properly represented.
Final Outcome
The Tribunal de-reserved the matter and directed the applicant's counsel to file the amended memo of parties in terms of the 05 June 2026 order. The matter has been relisted for hearing on 07 August 2026, after which appropriate orders will be passed. The restoration application remains pending until proper procedural compliance is achieved.
Topics: Company Restoration, NCLT Procedure, Regulatory Compliance