NCLT Mumbai allows appeal by homebuyers for restoration of Shree Shubh Builders Private Limited to the register of companies.
The company was struck off by RoC in 2018 for non-filing of statutory returns for over five years.
Appellants are creditors who paid ₹37.87 lakhs for units in the 'Fountain Square' project which remains undelivered.
Tribunal finds restoration just to enable homebuyers to pursue legal remedies against the company in pending Bombay High Court suit.