COMPANIES ACT, 2013 ECTION 248 TO 252
CS ALOK QUALIFIED AS ADVOCATE AND COMPANY SECRETARY FELLOW MEMBEROF DELHI TEACHING FROM2011 TOCA CS, CMA, LAW STUDENTS CORPORATE LAW CONSULTANT PCS ICSI NEW
REMOVAL OF NAMES OF COMPANIES FROM THE REGISTER OF COMPANIES
Sec. 248. - Power of Registrar to Remove Name of Company from Register of Companies.
(1) Where the Registrar has reasonable cause to believe that (a) a company has failed to commence itsbusiness within one year of its incorporation
(c) a company is not carrving on any business or operation for a period of two immediately preceding financial years and has not made any application within such period for obtaining the status of a dormant company under 3 [section 455 or] he shall send a notice to the company and all the directors of the company, Contd.
of his intention to remove the name of the company from the register of companies and requesting them to send their representations along with copies of the relevant documents, if any, within a period of thirty days from the date of the notice.
(d) the subscribers to the memorandum have not aid the subscription which they had undertaken to pay at the time of incorporation of a company and a declaration to this effect has not been filed within one hundred and eighty days of its incorporation under subsection (1) of section 10A; or
) The company is not carrying on ny business or operations, as after the physical verification carriedoutunder sub evealed section (9) of section 12.
(2) Without prejudice to the provisions of sub-section (1), a company may, after extinguishing all its labilities, by a special resolution or consent of seventy-five per cent. members in terms of paid-up share capital, file an application in the prescribed manner to the Registrar for removing the name of the company from the register of companies on all or any of the grounds specified in sub- section (1) and the Registrar shall, on receipt of such application, cause a public notice to be issued in the prescribed manner:
Advocate and Company Secretary, Corporate law consultant, Youtuber. Teaching is my passion and teaching since 2010