Strike Off Company

Strike Off Company

When the Company has incorporated a Certificate of Incorporation is issued by the Registrar of Companies which acknowledges the existence of the Company.

When the Company has incorporated a Certificate of Incorporation is issued by the Registrar of Companies which acknowledges the existence of the Company. Once the name of the company is entered into registrar it cannot be removed unless the company applies for it or processed by law. When the company fails to commence its business or fails to submit yearly returns, the registrar by its own may put the name of the company into strike off.

In case you want to revive your struck off company , you may get in touch with carefortax.com.

It usually takes at least 3 months for a company to be officially dissolved, but the length of time can vary considerably if the process is complex. Generally, however, a company will cease to exist no less than 3 months of the winding-up notice being advertised in the Gazette. However some companies may apply under fast track exit mode for striking off its name.

The Companies can apply under fast track exit mode for striking off its

1.Companies which are not operating or not carrying on any business since last two year from the date of application or,
2.Companies which are not operating or not carrying on any business within one year of incorporation and,
​3.Company having Nil assets & liability.

The process of removing an incorporated or registered company from the register kept by the governing statutory agency such as a registrar of companies. Application for the strike off can be made by the Company who is actively working and also by a dormant company.

Process of Company Strike Off online / How to Close / Strike off Private Limited Company / LLP / OPC status in India:

Strike off Company / LLP / OPC name / status in India is a long and complicated procedure. Following are the simple steps to Strike Off Company Name / Status online:

1.Step 1: Holding of Board Meeting.
2.Step 2: Closing of liabilities.
3.Step 3: Holding of General Meeting.
4.Step 4: Furnishing of Applications and documents.
​5.Step 5: Implications of dissolvement.

You can apply for strike off company online. You can fill in the forms for strike off online from MCA portal. You can also check the Company strike off list in India from MCA records. An application for removal of name of the company / Strike Off Company shall be made in Form STK-2 along with the fee of 10,000 Rupees.

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