https://www.taxtmi.com/caselaws?id=98641 On restoration of a struck-off company under section 353(6) of the Companies Act 1948, the court's directions power is limited to giving effect to the statutory fiction that the company is deemed to have continued in existence. It cannot be used to insert a clause preserving claims or remedies against persons who incurred liabilities during the period of striking off, because that would negate the fiction rather than support it. Restoration may also be refused where the applicant shows no real grievance or practical utility; here, insolvency, minimal assets, and no realistic benefit to the company or creditors justified refusal. en-us Tue, 20 May 1969 00:00:00 +0530 Sat, 21 Jan 2012 13:37:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98641 On restoration of a struck-off company under section 353(6) of the Companies Act 1948, the court's directions power is limited to giving effect to the statutory fiction that the company is deemed to have continued in existence. It cannot be used to insert a clause preserving claims or remedies against persons who incurred liabilities during the period of striking off, because that would negate the fiction rather than support it. Restoration may also be refused where the applicant shows no real grievance or practical utility; here, insolvency, minimal assets, and no realistic benefit to the company or creditors justified refusal. Case-Laws Companies Law Tue, 20 May 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98641