The following explains why the DO_POWER_PAGABLE bit must be set on the way down and not on the way up:

The power requirements state that if any lower device object sets the DO_POWER_PAGABLE bit, all higher-level drivers must do the same. If the filter
driver fails to set the DO_POWER_PAGABLE bit prior to sending the paging request IRP down the stack, it could violate this condition as follows:

Suppose the filter driver does not set the DO_POWER_PAGABLE bit in its Filter DO before forwarding the paging request IRP to the drivers beneath it
in the driver stack. Next suppose that a lower driver sets the DO_POWER_PAGABLE bit in its own DO. Finally, suppose that prior to the completion
of the IRP by the filter driver a power IRP occurs. At that point, the DO_POWER_PAGABLE bit would be cleared in the Filter DO but would be set in
the DO of the lower-level driver, causing a system crash.

It is safe to set the DO_POWER_PAGABLE bit before forwarding a paging request down the stack, because there is no longer an active paging file on
the filter driver's device, and therefore no more paging I/O will occur on it. If the request to remove this paging file succeeds, the filter driver will be done. If the request fails, the filter driver can restore the original state of its flags by simply
clearing the DO_POWER_PAGABLE bit prior to completing the IRP. Because the paging file requests are serialized, there is no danger that some other
thread will have modified this bit since the filter driver last altered it.