https://www.taxtmi.com/caselaws?id=345762 The court dismissed the petition for restoration of a company's name under Section 560(6) of the Companies Act, 1956. The petitioners, former directors and shareholders, lacked standing as they were not involved with the company at the time of striking off. Insufficient evidence of share transfers and non-compliance with company procedures led to the dismissal. The judgment highlighted the necessity of adhering to statutory obligations and proper corporate governance practices. en-us Tue, 27 Jun 2017 00:00:00 +0530 Thu, 27 Jul 2017 08:10:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345762 The court dismissed the petition for restoration of a company's name under Section 560(6) of the Companies Act, 1956. The petitioners, former directors and shareholders, lacked standing as they were not involved with the company at the time of striking off. Insufficient evidence of share transfers and non-compliance with company procedures led to the dismissal. The judgment highlighted the necessity of adhering to statutory obligations and proper corporate governance practices. Case-Laws Companies Law Tue, 27 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345762