How do you correct a no company on disk error on tally erp?

To correct a "No Company on Disk" error in Tally ERP, first ensure that the company data file is located in the correct directory specified in Tally's configuration. If the file is missing, try restoring it from a backup. Additionally, check if the data path is correctly defined in Tally by navigating to the "Select Company" screen and verifying the path. If the issue persists, you may need to create a new company and import data from backups if available.