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Strike off Under Companies Act of 2013 is an official process for winding up a business. It involves the removal of its name from public records. Voluntary winding up of the company is done by filing a petition with the Registrar of Companies (ROC). Further, the company name is removed from the register by issuing a notice. The process is outlined in the Companies Act, 2013 allowing a straightforward dissolution.
Another effective method of dissolving a company is through removal from public records. Either the Registrar of Companies (ROC) may issue a notice requesting this or alternatively the business can ask themselves for this to occur directly with them. Section 248 to 252 of the Companies Act of 2013 describes this procedure.
The following Draft documents of strike off company is required for striking off the company:
The strike-off company status refers to the state of a company that has undergone the process of striking off or dissolution. A company's legal existence ends when it is struck off, which removes it from the official register of companies. Depending on the jurisdiction, the particular steps and language may change, but the overall idea stays the same. | Once a company is struck off, it is considered inactive and no longer legally operational. The strike-off status indicates that the company has ceased its business activities, and its assets, liabilities, and affairs are generally dealt with according to the laws and regulations of the jurisdiction.