... powers of the corporation until there has been compliance with N.J.S.A. 54:11-5, which permits reinstatement upon payment of the delinquent taxes.") (citing ... right under appropriate circumstances to sue and be sued. See N.J.S.A. 54:11-5. At oral argument, defendant represented that the taxes have been ... corporate charter. Such practice is consistent with the provisions of N.J.S.A. 54:11-5. We deem it appropriate under the circumstances to reconcile these ...