2010 (2) TMI 583

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..... he Companies Act, 1956 (for short, "the Act") read with rules 92 to 94 of the Companies (Court) Rules, 1959 (for short, "the Rules") seeking direction to the respondent Registrar of Companies, Madhya Pradesh and Chhattisgarh to restore the name of the Petitioner Company in the register of the Companies and consequential direction for restoration of rights and liabilities of Company from the date o .....

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..... ecided to make an application before the Registrar of Companies under "Simplified Exit Scheme" framed by the Government of India under section 560 of the Act. In pursuance to the said resolution passed by the Board of Directors an application was moved before the Registrar on 11-6-2004 for declaring the Company "defunct" as provided under section 560 of the Act. The Registrar in exercise of its po .....

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..... oncerned who may be directly or indirectly associated with the business activities of the Company. In the circumstances the shareholders of the Company took a joint decision and vide consent letter dated 30-5-2009 have decided to revive the Company. In the circumstances this petition has been filed under section 560(6) of the Act seeking a direction to the respondents for restoring the Company s .....

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