Retroactive court restoration erases corporate dissolution, enabling court liquidators to pursue directors personally for pre dissolution misfeasance.
Restoring struck-off entities opens cross-border liquidator claims that target personal assets of nonresident officers for reckless abandonment and misfeasance.
Court restoration reactivates statutory personal claims against directors retroactively, requiring quantified escrow holdbacks and structured run-off indemnity caps.
Retroactive court restoration revives dissolved subsidiary liabilities; resolving them requires controlled supplemental liquidation and formal tax clearance.
Directors executing statutory dissolution shield personal assets by securing court safe harbors, ring fencing contingent reserves, and binding non-cancellable Side A runoff insurance.
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