https://www.taxtmi.com/caselaws?id=198428 The court allowed the petition for restoration under Section 560(6) of the Companies Act, 1956, ordering the name of H.N. Explosives Pvt. Ltd. to be restored to the Register of Companies. The restoration was deemed necessary to enable the petitioner to enforce an arbitration award against the company, ensuring justice and recovery of the awarded sum. The court emphasized the petitioner's status as a creditor at the time of strike off and the inability to recover the sum due to the company's non-existence post-strike off, justifying the restoration. en-us Wed, 21 Apr 2010 00:00:00 +0530 Wed, 23 Aug 2023 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198428 The court allowed the petition for restoration under Section 560(6) of the Companies Act, 1956, ordering the name of H.N. Explosives Pvt. Ltd. to be restored to the Register of Companies. The restoration was deemed necessary to enable the petitioner to enforce an arbitration award against the company, ensuring justice and recovery of the awarded sum. The court emphasized the petitioner's status as a creditor at the time of strike off and the inability to recover the sum due to the company's non-existence post-strike off, justifying the restoration. Case-Laws Companies Law Wed, 21 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198428