<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2021 (12) TMI 743 - BOMBAY HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=415977</link>
    <description>Where a company has been struck off and dissolved under the Companies Act, 2013, the statutory scheme requires an aggrieved party to seek restoration before the Tribunal under section 252. Sections 248(5) and 250 recognise cessation of the company&#039;s status, while section 430 excludes civil court jurisdiction in matters the Tribunal can determine. The High Court therefore cannot assume jurisdiction or grant merits relief by relying on section 248(8) or transfer rules when the Act provides a specific restorative remedy. The appeal was not entertained on merits, and the parties were directed to pursue restoration before the appropriate forum, with liberty to return if restoration is obtained.</description>
    <language>en-us</language>
    <pubDate>Mon, 06 Dec 2021 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 18 Dec 2021 08:46:08 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=664369" rel="self" type="application/rss+xml"/>
    <item>
      <title>2021 (12) TMI 743 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=415977</link>
      <description>Where a company has been struck off and dissolved under the Companies Act, 2013, the statutory scheme requires an aggrieved party to seek restoration before the Tribunal under section 252. Sections 248(5) and 250 recognise cessation of the company&#039;s status, while section 430 excludes civil court jurisdiction in matters the Tribunal can determine. The High Court therefore cannot assume jurisdiction or grant merits relief by relying on section 248(8) or transfer rules when the Act provides a specific restorative remedy. The appeal was not entertained on merits, and the parties were directed to pursue restoration before the appropriate forum, with liberty to return if restoration is obtained.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Mon, 06 Dec 2021 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=415977</guid>
    </item>
  </channel>
</rss>