Who can apply for Revival?
ollowing are the persons who can make an appeal in NCLT to restore the company:
Who can apply for Revival?
Company;
Any member/ creditor;
Workmen.
The revival of struck off companies typically involves several steps:
1. Application for Company Restoration: /File an application for company restoration with the appropriate governing body or registrar, providing reasons for revival and paying any outstanding fees or penalties.
2. Court Order (if required): /In some cases, especially if the company was dissolved for a long time or voluntarily struck off, a court order might be necessary for revival.
3. Clearance of Debts and Obligations: /Clear any outstanding debts, taxes, or obligations the company had before dissolution. This might involve settling with creditors or addressing legal requirements.
4. Updated Company Information: /Ensure all company information, such as director details, shareholding structure, and registered.