https://www.taxtmi.com/caselaws?id=331007 The High Court dismissed the appeal, affirming the Company Court's order dated 21st July 2015, which recalled the restoration order of 13th November 2014. The court held that the application under Section 560(6) was invalid as it was not filed by a shareholder or creditor. Additionally, the court found that the company, having applied for its own striking off, could not later seek restoration. The court emphasized the importance of notifying shareholders and creditors in such applications and concluded that the prior affidavits and indemnity bonds by the directors precluded restoration. en-us Wed, 11 May 2016 00:00:00 +0530 Wed, 10 Aug 2016 12:11:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331007 The High Court dismissed the appeal, affirming the Company Court's order dated 21st July 2015, which recalled the restoration order of 13th November 2014. The court held that the application under Section 560(6) was invalid as it was not filed by a shareholder or creditor. Additionally, the court found that the company, having applied for its own striking off, could not later seek restoration. The court emphasized the importance of notifying shareholders and creditors in such applications and concluded that the prior affidavits and indemnity bonds by the directors precluded restoration. Case-Laws Companies Law Wed, 11 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331007