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    <title>1953 (10) TMI 33 - HIGH COURT OF MADHYA BHARAT</title>
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    <description>Restoration of a company name under Section 247(6) is appropriate where the company was contesting proceedings at the time of striking off and where ongoing steps relating to liabilities or unpaid calls demonstrate continuing operation or justify equitable relief. The analysis applies the principle that mere cessation of trading does not preclude restoration if actions on liabilities, pending suits, or uncalled share capital show the company remained operational for relevant purposes. On those grounds the article concludes restoration is supported and that the petitioner is awarded costs and counsel fee to be taxed.</description>
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    <pubDate>Fri, 30 Oct 1953 00:00:00 +0530</pubDate>
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      <title>1953 (10) TMI 33 - HIGH COURT OF MADHYA BHARAT</title>
      <link>https://www.taxtmi.com/caselaws?id=97264</link>
      <description>Restoration of a company name under Section 247(6) is appropriate where the company was contesting proceedings at the time of striking off and where ongoing steps relating to liabilities or unpaid calls demonstrate continuing operation or justify equitable relief. The analysis applies the principle that mere cessation of trading does not preclude restoration if actions on liabilities, pending suits, or uncalled share capital show the company remained operational for relevant purposes. On those grounds the article concludes restoration is supported and that the petitioner is awarded costs and counsel fee to be taxed.</description>
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      <pubDate>Fri, 30 Oct 1953 00:00:00 +0530</pubDate>
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