https://www.taxtmi.com/caselaws?id=97264 Section 247(6) of the Indian Companies Act permits restoration of a struck-off company where it was carrying on business or in operation when removed, or where restoration is otherwise just. Continuing steps concerning litigation, liabilities or winding up may demonstrate that a company remained in operation despite cessation of ordinary business. Undisclosed pending litigation, unpaid obligations and uncalled share capital available to satisfy a creditor's decree support restoration on justice grounds. Kalyan Corporation Limited's name is restored to the register, with costs and counsel fees payable to the petitioner. en-us Fri, 30 Oct 1953 00:00:00 +0530 Mon, 16 Jan 2012 11:20:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97264 Section 247(6) of the Indian Companies Act permits restoration of a struck-off company where it was carrying on business or in operation when removed, or where restoration is otherwise just. Continuing steps concerning litigation, liabilities or winding up may demonstrate that a company remained in operation despite cessation of ordinary business. Undisclosed pending litigation, unpaid obligations and uncalled share capital available to satisfy a creditor's decree support restoration on justice grounds. Kalyan Corporation Limited's name is restored to the register, with costs and counsel fees payable to the petitioner. Case-Laws Companies Law Fri, 30 Oct 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97264