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    <title>1963 (11) TMI 13 - HIGH COURT OF MADRAS</title>
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    <description>A fully paid shareholder is confirmed as a contributory with standing to present a winding up petition; statutory law does not require proof of surplus assets and absence of assets affects only bona fides, not maintainability. An applicant who earlier sought administrative strike-off is not automatically barred from seeking restoration to the register where others with interest are impleaded or the substance supports restoration; personal estoppel is a limited, non dispositive objection. A company removed from the register by administrative strike off remains subject to court jurisdiction to wind up so courts may administer liabilities and assets as if the company were not dissolved.</description>
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    <pubDate>Wed, 13 Nov 1963 00:00:00 +0530</pubDate>
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