NCLT Allahabad allows ROC's application to restore a Section 8 company incorrectly struck off under the Fast Track Exit scheme in 2014.
The tribunal condoned a significant filing delay by the ROC, citing administrative gaps and a non-legal official's oversight.
The company was ineligible for the FTE scheme as Section 25 (now Section 8) companies were explicitly excluded from its purview.
Directors are ordered to file all pending statutory documents and returns within 45 days of the company's restoration to active status.