The National Company Law Tribunal (NCLT), Chennai, has allowed a plea filed by music composer Yuvan Shankar Raja for restoration of his film production YSR Films Pvt. Ltd., which was struck off from the Registrar of Companies (RoC), Chennai.
The company had not filed its balance sheet and annual returns as per the provisions of the Companies Act, 2013, since 2018-19 as on the date it was struck off by the RoC as per the provisions of section 248(1) of the Companies Act, 2013 and it was published in the Gazette of India dated February 19, 2022.