NCLT orders restoration of Shree Jee Infrastructure's name to company register, which was struck off by ROC in 2017 for non-filing of financial statements since FY2008-09.
Company demonstrates asset ownership of 6 bighas land in Delhi valued at ₹2.75 crore through a 2025 settlement deed and sale deed, justifying restoration.
Tribunal imposes ₹10 lakh exemplary cost on company for aggregate defaults and directs filing of all pending statutory documents within 45 days of restoration.
ROC's contention that company was not operational is overruled based on asset ownership precedent from NCLAT's Tahir Vasanali Isani vs ROC Goa judgment.