https://www.taxtmi.com/caselaws?id=293261 The court allowed the petition for restoration of the company's name to the Registrar of Companies, emphasizing the prevention of potential land misuse and shareholder benefit. The petitioner's claim as a director was deemed irrelevant for the restoration application's validity. Compliance with statutory requirements within 45 days of restoration was mandated, with no perceived prejudice to shareholders. The notification striking off the company's name was deemed unsustainable due to address discrepancies and lack of publication in the Official Gazette. Restoration was contingent on payment to the Official Liquidator's fund and statutory compliance within specified timelines. en-us Mon, 05 Jun 2017 00:00:00 +0530 Tue, 02 Feb 2021 14:02:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293261 The court allowed the petition for restoration of the company's name to the Registrar of Companies, emphasizing the prevention of potential land misuse and shareholder benefit. The petitioner's claim as a director was deemed irrelevant for the restoration application's validity. Compliance with statutory requirements within 45 days of restoration was mandated, with no perceived prejudice to shareholders. The notification striking off the company's name was deemed unsustainable due to address discrepancies and lack of publication in the Official Gazette. Restoration was contingent on payment to the Official Liquidator's fund and statutory compliance within specified timelines. Case-Laws Companies Law Mon, 05 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293261