https://www.taxtmi.com/caselaws?id=96949 An order declaring a company's dissolution void under the Companies Act, 1929 was treated as operating retrospectively from the date of dissolution, not merely prospectively. The court distinguished that effect from restoration after striking off and held that the statutory language of section 294 avoided the dissolution ab initio. On that basis, property that would otherwise vest in the Crown as bona vacantia under section 296 was taken out of the Crown's hands, because the vesting provision yields to the restorative order. en-us Mon, 20 Jan 1947 00:00:00 +0530 Fri, 13 Jan 2012 13:20:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96949 An order declaring a company's dissolution void under the Companies Act, 1929 was treated as operating retrospectively from the date of dissolution, not merely prospectively. The court distinguished that effect from restoration after striking off and held that the statutory language of section 294 avoided the dissolution ab initio. On that basis, property that would otherwise vest in the Crown as bona vacantia under section 296 was taken out of the Crown's hands, because the vesting provision yields to the restorative order. Case-Laws Companies Law Mon, 20 Jan 1947 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96949