{"id":1229,"date":"2021-01-28T09:10:27","date_gmt":"2021-01-28T09:10:27","guid":{"rendered":"https:\/\/www.akgvg.com\/blog\/?p=1229"},"modified":"2021-01-28T11:13:35","modified_gmt":"2021-01-28T11:13:35","slug":"removal-of-names-of-companies-from-the-register-of-companies","status":"publish","type":"post","link":"https:\/\/www.akgvg.com\/blog\/removal-of-names-of-companies-from-the-register-of-companies\/","title":{"rendered":"Removal of Names of Companies from the Register of Companies"},"content":{"rendered":"\n<p>A Company incorporated under the provisions of Companies Act, 2013 or any other previous laws, can be removed from the Register of Companies by the Registrar of Companies.<\/p>\n\n\n\n<p>A Company can be removed from the Register of Companies either <strong>suo moto<\/strong> by the Registrar or upon <strong>application by the Company<\/strong> itself.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/shutterstock_387084070-1024x683.jpg\" alt=\"\" class=\"wp-image-1233\" srcset=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/shutterstock_387084070-1024x683.jpg 1024w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/shutterstock_387084070-300x200.jpg 300w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/shutterstock_387084070-768x512.jpg 768w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/shutterstock_387084070-1536x1024.jpg 1536w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/shutterstock_387084070-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Section 248(1)<\/strong> of the Companies Act, 2013 has given power to Registrar of Companies to remove name of company from Register of Companies and has prescribed Grounds of Removal of name of Companies from Register of Companies which are as follows:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"557\" src=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture3-1-1024x557.png\" alt=\"\" class=\"wp-image-1239\" srcset=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture3-1-1024x557.png 1024w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture3-1-300x163.png 300w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture3-1-768x418.png 768w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture3-1-1536x836.png 1536w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture3-1.png 1982w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Further, under <strong>Section 248(2) <\/strong>of the Companies Act, 2013, a Company can make an application to Registrar for removal of its name under any of the above-mentioned grounds by passing a <strong>Special Resolution<\/strong> or <strong>consent of seventy-five per cent<\/strong> members in terms of paid-up share capital.<\/p>\n\n\n\n<p>Further,&nbsp;in the case of a company regulated under a special Act, <strong>approval of the regulatory body<\/strong> constituted or established under that Act shall also be obtained and enclosed with the application.<\/p>\n\n\n\n<p>Section 248(2) is not applicable to Section 8 Company i.e. a company incorporated with Charitable Objects.<\/p>\n\n\n\n<p><strong><em><u>Restrictions on Making Application Under Section 248 in Certain Situations:<\/u><\/em><\/strong><\/p>\n\n\n\n<p>A company cannot make an application under Section 248(2) if the company has in the previous <strong>three months if it has<\/strong>&#8211;<\/p>\n\n\n\n<p><strong><u>Removal of Names of Companies from the Register of Companies<\/u><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"401\" src=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture2-1024x401.png\" alt=\"\" class=\"wp-image-1232\" srcset=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture2-1024x401.png 1024w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture2-300x117.png 300w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture2-768x300.png 768w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture2-1536x601.png 1536w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/01\/Picture2.png 1989w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><em>Thus, above enlists the provisions related to Removal of name of Companies from Register of Companies by Registrar either suo moto or upon application by the Company itself.&nbsp;<\/em><\/p>\n\n\n\n<p><strong>Disclaimer:<\/strong><em>&nbsp;This content is meant for information only and should not be considered as an advice or opinion, or otherwise.&nbsp;<\/em><a href=\"https:\/\/www.akgvg.com\/\"><em>AKGVG &amp; Associates<\/em><\/a><em>&nbsp;does not intend to advertise its services through this.<\/em><\/p>\n\n\n\n<p><em>Posted by:<\/em><\/p>\n\n\n\n<p><em>CS Neetu Saini <\/em><\/p>\n\n\n\n<p><em>AKGVG &amp; Associates<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Company incorporated under the provisions of Companies Act, 2013 or any other previous laws, can be removed from the Register of Companies by the Registrar of Companies. A Company can be removed from the Register of Companies either suo moto by the Registrar or upon application by the Company itself. Section 248(1) of the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120],"tags":[439,438,437,436],"class_list":["post-1229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-secretarial-services","tag-application-by-the-company","tag-companies","tag-registrar","tag-suo-moto"],"_links":{"self":[{"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/posts\/1229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/comments?post=1229"}],"version-history":[{"count":3,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/posts\/1229\/revisions"}],"predecessor-version":[{"id":1241,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/posts\/1229\/revisions\/1241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/media\/1234"}],"wp:attachment":[{"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/media?parent=1229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/categories?post=1229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/tags?post=1229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}