How can I restore a strike off company in India?

How can I restore a strike off company in India?

1. By Company itself.
2. A. Publishing of notice by NOC.
3. B. Intimation to other regulatory authorities.
4. Time period for filing petition to Revive company.
5. Documents required for filing petition.
6. Fees for filing Petition.
7. Serving of Copy of Petition filed.
8. Procedure after filing petition to NCLT.

How do I restore a strike company?

A company can be restored within 6 years after it has been struck off through a Court Order. The Court Order must be submitted via BizFile+ and the status of the company will be updated to “live”. There is no filing fee for this transaction.

How can a dissolved company be revived?

A company dissolved under Section 248 of the Companies Act, 2013 can be restored in the Register of Companies (ROC) by an order of the National Company Law Tribunal (NCLT). Who can file an Application? The Company, Member or Creditor or even a Workman can make an application to revive the Company.

What happens when a company is struck off India?

consequent to striking off of the company: In terms of section 248(7) of the Act, the liabilities of members, directors, managers and officers of the company continues even after dissolution of the company under this section and these liabilities are enforceable against them as if the company was never dissolved.

Can a strike off company be revived?

Under the provisions of Section 252(1), an appeal can be made by anyone, within 3 years of strike off. Section 252(3) mandates that an application to revive the Company can be made by the company itself or a member or creditor or even a workman but should be done within 20 years.

Can a struck off company be reinstated?

A company that has been struck off by voluntary dissolution can only be restored by court order.

Can a company be reinstated after being struck off?

Can strike off company be revived?

What happens if your company gets struck off?

Once a company strike off form has been filed, the company can no longer trade, sell company assets or become involved in any other business activities. For all intents and purposes, your business is closed.

What happens when a company is struck off?

How long does it take for a company to get struck off?

It takes at least three months for a limited company to be struck off the Companies House register. Once the completed DS01 form has been submitted and assuming all the details are correct, Companies House will send acknowledgement in the post.

How to revive struck off companies?

How to Revive Struck Off Companies 1 Procedure to Restore Struck-off Companies. We will assign a dedicated resource who is professionally skilled in the procedure of restoring struck-off companies. 2 Benefits to Activate Struck of Company. 3 Documents Required for Company Revival. 4 Process for Restoration of Company.

What is the action taken by government to strike off companies?

In 2018, action of Govt. to strike off companies is still continuing to clean the corporate structure of the country. As per Section 248 of the Companies Act, 2013 which deals with the power of Registrar to remove name of company from register of companies:

What does it mean when a company is struck off?

Striking off a company means the process of delisting a company’s name from the official register of companies. Once a company’s name is struck off from the register of companies, the name would be available for anybody to adopt and incorporate.

What happens when a company name is struck off the Register?

Once a company’s name is struck off from the register of companies, the name would be available for anybody to adopt and incorporate. There are two ways for a company’s name to be delisted, one is by the company requesting the Registrar through an application or if the Registrar discovers that the company is no longer in operation.