https://www.taxtmi.com/caselaws?id=459309 The HC dismissed the petition for restoring a company to the Register of Companies under Section 560(6) of the Companies Act, 1956, as the company was voluntarily struck off under the Easy Exit Scheme. The court determined that Section 560(6) applies only when the ROC acts on its own motion, not in voluntary cases. The company failed to meet the criteria for restoration, lacking operational status and statutory capital requirements. The court's decision does not prevent the petitioner from seeking alternative legal remedies outside of Section 560(6). en-us Wed, 23 Oct 2013 00:00:00 +0530 Mon, 09 Dec 2024 11:18:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459309 The HC dismissed the petition for restoring a company to the Register of Companies under Section 560(6) of the Companies Act, 1956, as the company was voluntarily struck off under the Easy Exit Scheme. The court determined that Section 560(6) applies only when the ROC acts on its own motion, not in voluntary cases. The company failed to meet the criteria for restoration, lacking operational status and statutory capital requirements. The court's decision does not prevent the petitioner from seeking alternative legal remedies outside of Section 560(6). Case-Laws Companies Law Wed, 23 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459309