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What is the procedure to strike of company in case of voluntary striking off of company ?

 The procedure is extremely easy and is completed step wise:-

 

1.  Call a board meeting in accordance with the Secretarial standards and Companies Act 2013
2.  Convene Board meetingto pass the following resolutions:-

  • To take note of statement of accounts
  • To authorise directors to sign the Indemnity Bond and Affidavits as per Form STK-3 and Form STK-4 respectively.
  • To authorise a director to digitally sign the application in e-Form STK-2.
  • To fix the day, date, time and venue of general meeting.
  • To approve the notice of general meeting.
3.  Prepare draft minutes of the board meeting and circulate, within a period of fifteen days from the date of conclusion of that meeting, to all directors, by hand/speed post/registered post/courier/e-mail or by any recognized electronic means, for their comment(s).
4.  Convene general meeting to pass a special resolution to make an application with the Registrar of Companies for striking of name.
5.  File e-Form MGT-14 along with copy of special resolution with the office of the Registrar of Companies, within thirty days of passing of special resolution
6.  Prepare Indemnity Bond in Form STK-3 and Prepare Affidavits in Form STK-4
7.  Prepare statement of accounts and have it certified by a chartered accountant.
8.  File e-Form STK-2 with the ROC within thirty days of date of statement of accounts.
9.  The Registrar shall publish a notice in Form STK-6 of the same after receiving application for inviting objections, if any.

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How much times involved in strike of company name from the register of companies ?

  Once an application is filed for striking off of company with the respective Registrar of Companies (ROC) after verifying the documents the RoC will strike off the name of company and this procedure normally takes 3-4 month. However, if any objection is received from  ROC  this process might take extra time or even reject the application.   Disclaimer: – The above article is prepared keeping all the significant and fundamental inquiry which comes at the top of the priority list of an expert or other stakeholders while applying for striking off of organization. The author has attempted to cover all the significant details. Under no situation, the author will not at risk for direct, indirect, special or incidental damage resulting from, arising out of or in connection with the use of the information.

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