Removal of Company Name from MCA Database

A company name can be removed from the MCA database or struck-off by the Registrar of Companies on certain conditions. In this article, we look at the procedure for removal or striking of company name from the MCA database.

Striking by Registrar

The Registrar of Companies can remove or strike-off a company name, if he/she has reasonable cause to believe:

a company has failed to commence its business within one year of its incorporation; or
the subscribers to the memorandum have not paid the subscription within 180 days from the incorporation of the company and a declaration to that effect has not yet been filed; or
a company has not been carrying on any business or operation for a period of two year immediately prior financial years and has not made any application within such period for the reason of availing the status of a dormant company.

In the notice, the Registrar will request the company and its directors to send their representations along with copies of pertinent documents. On receiving the notice, the company by special resolution or consent of 75% of the shareholders in terms of paid-up share capital can file a reason for removal for company name from the register of companies.

Related Guides

Register as Dormant Company First Board Meeting of Company Company Law Settlement Scheme Company Strike Off Procedure 2019 Strike Off of Company 2018 Due Dates for Company – MCA and Income Tax Return Removal of Company Name from MCA Database

GST Registration Cancellation

Winding Up - Company

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