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Suspended Directors Appeal Company Name Restoration, Claim Malicious Intent Amid Ongoing Litigation to Protect Stakeholders' Interests.
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....Appeal against restoration of the name of the company in the Register of Companies - It is contended that the Appellants being the suspended Directors are helpless and the restoration of Company had been sought with malafide intentions - The pendency of litigations, at whatever stage, warranted restoration of name of Company to the Register of Companies, so as to safeguard the interests of Company and the stakeholders. - AT....