NCLT Orders PANM Buildtech Restoration for Tax Recovery

NCLT allows Income Tax Department appeal to restore PANM Buildtech Pvt Ltd's name to company register for recovery of outstanding tax demand.
Company was struck off by RoC in 2018 for non-filing of statutory returns and financial statements.
Outstanding tax demand of ₹54.52 lakh for AY 2016-17 remains unrecoverable due to company's struck-off status.
Tribunal directs RoC to restore company name within 30 days enabling tax recovery proceedings.