https://www.taxtmi.com/caselaws?id=98530 Section 353(6) of the Companies Act, 1948 was construed broadly so that "creditor" includes a person with a contingent or prospective pecuniary claim who is aggrieved by a company's striking off. The analysis distinguished this grievance-based restoration remedy from provisions using expressly wider creditor categories, and concluded that the term was not confined to debts already fixed and ascertained. On that basis, a plaintiff whose damages action had been frustrated by the company's removal from the register fell within the provision and could seek restoration of the company's name. en-us Mon, 20 May 1968 00:00:00 +0530 Fri, 20 Jan 2012 18:48:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98530 Section 353(6) of the Companies Act, 1948 was construed broadly so that "creditor" includes a person with a contingent or prospective pecuniary claim who is aggrieved by a company's striking off. The analysis distinguished this grievance-based restoration remedy from provisions using expressly wider creditor categories, and concluded that the term was not confined to debts already fixed and ascertained. On that basis, a plaintiff whose damages action had been frustrated by the company's removal from the register fell within the provision and could seek restoration of the company's name. Case-Laws Companies Law Mon, 20 May 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98530