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CS Professional · Corporate Restructuring, Valuation and Insolvency · Strike Off and Restoration of Name of the Company and LLP

The Registrar struck off the name of Kaveri Agro Pvt Ltd under section 248 of the Companies Act, 2013 and notified it as dissolved on 10 March 2024. Ramesh, a creditor, feels aggrieved by the order. Within what maximum period from the date of the Registrar's order may an aggrieved person appeal to the Tribunal under section 252(1)?

The appeal must be filed within three years from the date of the Registrar's order notifying the company as dissolved. Section 252(1) gives this period to any aggrieved person. The twenty-year period applies to a separate application under section 252(3), and sixty days applies only to Producer Companies.

  1. ASixty days
  2. BOne year
  3. CThree yearsCorrect
  4. DTwenty years

Explanation

Section 252(1) lets any person aggrieved by the Registrar's order notifying the company as dissolved under section 248 appeal to the Tribunal within three years from the date of that order. Twenty years is the outer limit in section 252(3), which runs from the Gazette notice and is a different route. Sixty days belongs to the Producer Company appeal in section 378ZP(3).

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