Strike-off of company from registrar of companies is an opportunity given to defunct companies or those companies voluntarily shut down their business can file their application with roc under section 248. This is one of the best and easiest ways where companies can strike off its name without any hassle by properly arranging all the required documents as per the law. The ways of strike off the name of companies are
A company which is undergoing the process of ‘Striking Off’ either voluntarily or by action of the Registrar is given the status as ‘Striking Off’ and the status of the company is changed to Dissolved or Liquidated when affairs of the company are completely wound up by following the provision of winding up of Company. After dissolution or liquidation, the company ceases to exist.
Due to above reasons the Registrar can suo motu after giving notice to the company after giving an opportunity of being heard, strike off the name of the company from the register of companies after publication of same in the Official Gazette. On the publication in the Official Gazette of this notice, the company shall stand dissolved.
Striking off under Chapter XVIII of the Companies Act 2013 can also be by way of an application filed by company to Registrar for removing its name from the register of companies. On receipt of the application along with necessary fees, the Registrar issues a Public notice for intimating the general public about the receipt of an application for removal of name of the company, giving a chance to the creditors and general public to submit their objection, if any, to the proposed application. In case no objection is received, the Registrar may proceed to strike off the name of the Company. On the publication in the Official Gazette of this notice, the name of the company stands struck off with effect from the date mentioned therein.
The liability of every director, manager or other officer who was exercising any power of management, and of every member of the company dissolved ,may be enforced as if the company had not been dissolved.
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