Strike Out Payment License For Free

Strike off simply means close, Strike off a company simply means removal of name of the company from Register of Company. By the process of Strike off, business operation of a company comes to an end. Under Companies Act, 2013, there are provisions for strike off of a company.

Steps to Identify Struck-Off Company on MCA Visit the MCA portal. Navigate as follows: MCA Services >> Master Data >> View Company / LLP Master Data. Add a company name or CIN number and enter the captcha. Check the status of the company.

A general meeting of shareholders should be held by the company by passing a resolution for striking off the name of the Company. This resolution must be backed by 75% of its members as per the paid-up share capital of the Company.

To remove or erase from (a list, record, etc) by or as if by a stroke of the pen. (adverb) to cut off or separate by or as if by a blow: she was struck off from the inheritance.

Strike Off by ROC Such a notice would inform the respective companies of the removal of its name from the record and request it to send its representatives with the requisite documents within thirty days of the issue of such notice.

When the process is voluntary, the active proposal to strike off refers to the process by which the company directors petition the shareholders to close the limited company. This formal request means that shareholders of the company are able to vote on whether the business should be struck off or not.

A suit may be filed or any other action may be taken under section 34 or section 35 or section 36 by any person, group of persons or any association of persons affected by any misleading statement or the inclusion or omission of any matter in the prospectus .

Grounds for Strike off The company hasn't commenced its business within one year of its incorporation. The company hasn't been pursuing any business or activity for the preceding two financial years, for which it hasn't sought the status of Dormant Company under Section 455 of the Act.

Companies are restricted on filing applications for strike-off, if at any time during the last three months, it has: Changed its name or relocated its registered office to another state. Made a disposal for the value of property or rights held by it (subject to conditions).

The duration of an active proposal to strike off varies, but a minimum of two months. This begins from the date the DS01 form is submitted and accepted by Companies House. During this period, Companies House will send out various notifications and warnings.