{"id":1529,"date":"2021-04-19T07:12:01","date_gmt":"2021-04-19T07:12:01","guid":{"rendered":"https:\/\/www.akgvg.com\/blog\/?p=1529"},"modified":"2021-04-19T07:12:03","modified_gmt":"2021-04-19T07:12:03","slug":"series-of-action-strike-off-of-company","status":"publish","type":"post","link":"https:\/\/www.akgvg.com\/blog\/series-of-action-strike-off-of-company\/","title":{"rendered":"Series of Action: Strike Off of Company"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/WhatsApp-Image-2021-04-19-at-12.21.31-PM.jpeg\" alt=\"\" class=\"wp-image-1530\" srcset=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/WhatsApp-Image-2021-04-19-at-12.21.31-PM.jpeg 1000w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/WhatsApp-Image-2021-04-19-at-12.21.31-PM-300x300.jpeg 300w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/WhatsApp-Image-2021-04-19-at-12.21.31-PM-150x150.jpeg 150w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/WhatsApp-Image-2021-04-19-at-12.21.31-PM-768x768.jpeg 768w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/WhatsApp-Image-2021-04-19-at-12.21.31-PM-230x230.jpeg 230w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>The way companies act has prescribed the process for the incorporation of the company in the same way companies act has prescribed the process, conditions, and method for the closure of the company.<\/p>\n\n\n\n<p>As of date, the company act has prescribed two ways\/methods to close the company:<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\"><li>Strike of company<\/li><li>Winding up of company<\/li><\/ol>\n\n\n\n<p>As of now in this blog, we will have a preview of the strike off of the company under section 248 of the Companies Act, 2013.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>What is strike off?<\/strong><\/li><\/ul>\n\n\n\n<p>If we go by its word for word meaning, the Strike Off means removing the name of Company from the Register of Companies maintained by ROC.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"719\" height=\"141\" src=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/image-9.png\" alt=\"\" class=\"wp-image-1531\" srcset=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/image-9.png 719w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/image-9-300x59.png 300w\" sizes=\"auto, (max-width: 719px) 100vw, 719px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"634\" height=\"874\" src=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/image-10.png\" alt=\"\" class=\"wp-image-1532\" srcset=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/image-10.png 634w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/image-10-218x300.png 218w\" sizes=\"auto, (max-width: 634px) 100vw, 634px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"587\" height=\"343\" src=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/image-11.png\" alt=\"\" class=\"wp-image-1533\" srcset=\"https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/image-11.png 587w, https:\/\/www.akgvg.com\/blog\/wp-content\/uploads\/2021\/04\/image-11-300x175.png 300w\" sizes=\"auto, (max-width: 587px) 100vw, 587px\" \/><\/figure>\n\n\n\n<p>If a company files an application under section 248 (2) in violation of 249(1), it shall be punishable with a fine thatmay be extended to Rs. 1 Lakh.<\/p>\n\n\n\n<p>An application filed under section 248(2) shall be withdrawn by the company or rejected by the Registrar as soon as conditions under sub-section (1) are brought to the registrar\u2019s notice.<\/p>\n\n\n\n<p><strong>This content is meant for information only and should not be considered as an advice or legal opinion, or otherwise. <a href=\"https:\/\/www.akgvg.com\/\">AKGVG &amp; Associates<\/a> does not intend to advertise its services through this.<\/strong><\/p>\n\n\n\n<p>Posted by:<\/p>\n\n\n\n<p>CA Neetu Saini<\/p>\n\n\n\n<p>AKGVG &amp; Associates<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The way companies act has prescribed the process for the incorporation of the company in the same way companies act has prescribed the process, conditions, and method for the closure of the company. As of date, the company act has prescribed two ways\/methods to close the company: Strike of company Winding up of company As&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120],"tags":[323,343,469,473,277],"class_list":["post-1529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-secretarial-services","tag-akgvg","tag-akgvg-associates","tag-secretarial-audit","tag-secretarial-service","tag-secretarial-support"],"_links":{"self":[{"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/posts\/1529","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=1529"}],"version-history":[{"count":1,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/posts\/1529\/revisions"}],"predecessor-version":[{"id":1534,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/posts\/1529\/revisions\/1534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/media\/1530"}],"wp:attachment":[{"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/media?parent=1529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/categories?post=1529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.akgvg.com\/blog\/wp-json\/wp\/v2\/tags?post=1529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}