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Strike off Pvt Ltd Company

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Tanu

Manager

85 Points Posted on 15 February 2023

Hi,

Wanted to know on what ground can a pvt ltd company strike off its name from ROC

No revenue is being earned by company

Replies (2)

Quick Summary

This discussion explores the grounds on which a private limited company can be struck off from the Registrar of Companies (ROC). Key reasons include ceasing business operations for two preceding financial years, having no assets or liabilities, or passing a resolution for voluntary winding up. The conversation also touches on specific scenarios like paying salaries or disposing of assets while still being eligible for strike-off.

Ayush

Executive

9990 Points Posted on 15 February 2023

If the company has not carried on any business or operation for a period of two immediately preceding financial years, it can apply for strike off.

If the company has ceased to carry on business or operations, and has no assets or liabilities, it can apply for strike off.

If the company has passed a resolution for voluntary winding up and has filed the necessary documents with the ROC, it can apply for strike off.

If the company has defaulted in complying with the provisions of the Companies Act, 2013 or the rules made thereunder, and has not applied for relief under the relevant provisions, it may be struck off by the ROC.

Tanu

Manager

85 Points Posted on 16 February 2023

Thanks for replying.

A few more queries

If company has not carried any business activity in last two financial years but has paid salary to employees , would it still amount carrying on business?

If company has disposed off assets and paid all liabilities in last financial year only, can it still apply for strike off?