https://www.taxtmi.com/caselaws?id=114047 The court ordered the revival of a company previously ordered to be wound up in 1995, despite objections from various parties including the Official Liquidator, Haryana State Electricity Board, and M/s. Freshness Coatings (P.) Ltd. The court approved the revival scheme proposed by the directors, emphasizing the preference for revival over winding up. The court also addressed objections from creditors and decree-holders, directing repayment of amounts received and allowing pursuit of independent claims. The petition for revival was granted, and related applications were disposed of accordingly, with no costs imposed. en-us Thu, 19 Mar 2009 00:00:00 +0530 Thu, 10 May 2012 12:48:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114047 The court ordered the revival of a company previously ordered to be wound up in 1995, despite objections from various parties including the Official Liquidator, Haryana State Electricity Board, and M/s. Freshness Coatings (P.) Ltd. The court approved the revival scheme proposed by the directors, emphasizing the preference for revival over winding up. The court also addressed objections from creditors and decree-holders, directing repayment of amounts received and allowing pursuit of independent claims. The petition for revival was granted, and related applications were disposed of accordingly, with no costs imposed. Case-Laws Companies Law Thu, 19 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114047