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2013 (4) TMI 58 - MADRAS HIGH COURTPetition for Restoration of the name of the petitioner company - petitioner claims that the application for restoration of the name has been filed within 20 years, the period prescribed in sub section (6) of section 560 of the Companies Act, 1956. – Held that - The company, having volunteered for the removal of its name from the Register, cannot be said to be an aggrieved person for seeking restoration of its name to the Register of Companies. The benefit of sub section (6) of section 560 of the Companies Act, 1956 for getting the name of the company restored to the Register of Companies after having been struck off from the Register of companies as a penal measure, shall not be available to a company, who has volunteered for the removal of its name from the Register of Companies under the Scheme floated in 2000. Hence this court comes to the conclusion that the present company petition under section 560(6) of the Companies Act, 1956 by the petitioner company deserves to be dismissed.
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