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The Ministry of Corporate Affairs (MCA) has notified amendments to the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016, introducing a significant procedural change for Government companies seeking strike-off under Section 248 of the Companies Act, 2013. The amen
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FAQ :
The MCA has amended the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016, specifically concerning the strike-off process for government companies.
The amendments came into force immediately upon their publication in the Official Gazette.
The key change involves new indemnity norms for government companies seeking strike-off under Section 248 of the Companies Act, 2013.
For government companies and their subsidiaries, the indemnity bond must be provided by an authorised representative, not below the rank of Under Secretary or equivalent, from the administrative Ministry or Department.
The indemnity bond is to be provided in Form STK-3A.
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