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    <title>2026 (11) TMI 73 - MADRAS HIGH COURT</title>
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    <description>Dissolution following striking off causes a company to cease operating, subject to statutory purposes preserved under sections 248 and 250 of the Companies Act, 2013, including realization of amounts due and discharge of liabilities. Proceedings outside those preserved purposes cannot be maintained unless the company is restored under section 252. A dissolved company cannot maintain a suit for declaratory and injunctive relief, rather than recovery of amounts due, unless it is restored.</description>
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      <description>Dissolution following striking off causes a company to cease operating, subject to statutory purposes preserved under sections 248 and 250 of the Companies Act, 2013, including realization of amounts due and discharge of liabilities. Proceedings outside those preserved purposes cannot be maintained unless the company is restored under section 252. A dissolved company cannot maintain a suit for declaratory and injunctive relief, rather than recovery of amounts due, unless it is restored.</description>
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