Retroactive court restoration erases corporate dissolution, enabling court liquidators to pursue directors personally for pre dissolution misfeasance.
Insolvent administrative strike off exposes directors to personal liability for corporate debts, misfeasance clawbacks, tax arrears, and disqualification.
Restoring struck-off entities opens cross-border liquidator claims that target personal assets of nonresident officers for reckless abandonment and misfeasance.
Administrative strike-off leaves statutory tax and misfeasance liabilities active, exposing officers to personal asset execution following court restoration.
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