NCLAT Chennai allows appeal against NCLT order, restoring Sri Sai Pardha Real Estates to ROC register for eventual winding up.
Company was struck off in 2018 for non-filing of annual returns and financial statements since its 1994 incorporation.
Tribunal notes company holds significant land assets, with allegations of unauthorized sales by both appellant and intervenors.
Restoration deemed necessary to enable proper winding up, protect assets, and address potential government revenue loss.