NCLT Orders Adaptec Real Estate Restoration for Tax Proceedings

NCLT Indore allows Income Tax Department's appeal under Section 252(3) to restore Adaptec Real Estate Private Limited's struck-off name.
Restoration is limited to enabling reassessment proceedings for AYs 2014-15 to 2016-17, during which the company was operational.
Tribunal holds Income Tax Department qualifies as an aggrieved creditor with locus standi, rejecting the company's maintainability objections.
Company must file all overdue statutory returns but restoration does not constitute revival for business purposes or admission of tax liability.