Company Strike Off Procedure in India: A Comprehensive Guide

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Company Strike Off Procedure in India: A Comprehensive Guide

Company Strike Off Procedure in India: A Comprehensive Guide

Company Strike Off Procedure in India: A Comprehensive Guide

Company strike off ek prakriya hai jismein ek company ka naam Registrar of Companies (ROC) dwara company register se hata diya jata hai. Yeh prakriya tab hoti hai jab company apne objectives ko achieve kar leti hai ya phir company ko band karne ki zaroorat hoti hai.
 

Benefits of Company Strike Off

 
Company strike off ke benefits mein company ki existence khatam ho jati hai, annual compliance ki zaroorat nahi hoti, aur liability khatam ho jati hai. Company strike off ke baad, company ko koi bhi financial ya legal obligations nahi rehti hain.
 
Step-by-Step Process
 
Company strike off ki prakriya mein nimnalikhit steps shamil hain:
 
1. Board Meeting: Company ke board of directors ki meeting jismein company ko strike off karne ki maanjuri di jati hai.
 
2. Shareholders' Meeting: Shareholders ki meeting jismein company ko strike off karne ki maanjuri di jati hai. 75% shareholders ki maanjuri zaroori hai.
 
3. Clearance of Liabilities: Company ko apne sabhi liabilities ko settle karna hota hai.
 
4. Filing of Form STK-2: Company ko Form STK-2 file karna hota hai ROC ke saath.
 
5. ROC Verification: ROC dwara application ki verification ki jati hai.
 
6. Public Notice: ROC dwara public notice publish kiya jata hai Official Gazette mein.
 
7. Final Strike Off: Agar koi objections nahi aate hain, toh ROC company ko strike off kar deta hai.
 

Challenges in Company Strike Off

 
Company strike off ki prakriya mein nimnalikhit challenges shamil hain:
 
 
1. Complexity: Company strike off ki prakriya complex aur time-consuming ho sakti hai.
 
2. Documentation: Sabhi documents ko properly maintain karna zaroori hai.
 
3. Liabilities: Company ke sabhi liabilities ko settle karna zaroori hai.
 

Tips to Remember

 
Company strike off ki prakriya mein nimnalikhit tips ko yaad rakhna zaroori hai:
 
1. Seek Professional Help: Company strike off ki prakriya mein professional help lena fayde mand ho sakta hai.
 
2. Maintain Accurate Records: Sabhi documents ko accurately maintain karna zaroori hai.
 
3. Ensure Compliance: Company ko regulatory requirements ko follow karna zaroori hai.
 

Conclusion

 
Company strike off ek prakriya hai jismein ek company ka naam ROC dwara company register se hata diya jata hai. Company strike off ke benefits mein company ki existence khatam ho jati hai, annual compliance ki zaroorat nahi hoti, aur liability khatam ho jati hai. Company strike off ki prakriya mein professional help lena fayde mand ho sakta hai.
 
 

How to Do the Procedure

 
Company strike off ki prakriya ko karne ke liye, nimnalikhit steps ko follow karna zaroori hai:
 
1. Conduct a Board Meeting: Company ke board of directors ki meeting jismein company ko strike off karne ki maanjuri di jati hai.
 
2. File Form STK-2: Company ko Form STK-2 file karna hota hai ROC ke saath.
 
3. Settle Liabilities: Company ke sabhi liabilities ko settle karna hota hai.
 
4. Obtain ROC Verification: ROC dwara application ki verification ki jati hai.
 
5. Publish Public Notice: ROC dwara public notice publish kiya jata hai Official Gazette mein.
 
By following these steps and tips, company strike off ki prakriya ko successfully complete kiya ja sakta hai.

Frequently Asked Questions (FAQs)

 

1. What is company strike off?

 
Company strike off ek prakriya hai jismein ek company ka naam ROC dwara company register se hata diya jata hai.
 

2. Why is company strike off done?

 
Company strike off tab hoti hai jab company apne objectives ko achieve kar leti hai ya phir company ko band karne ki zaroorat hoti hai.
 
 

3. What are the benefits of company strike off?

 
Company strike off ke benefits mein company ki existence khatam ho jati hai, annual compliance ki zaroorat nahi hoti, aur liability khatam ho jati hai.
 

4. How long does company strike off take?

 
Company strike off ki prakriya mein lagbhag 4-5 mahine lag sakte hain.
 

5. What are the documents required for company strike off?

 
Board resolution, shareholders' consent, indemnity bond, affidavit, statement of accounts, aur no objection certificate zaroori hain.
 
 

6. Can a company be restored after strike off?

 
Haan, company ko restore kiya ja sakta hai agar koi objections nahi aate hain.
 

7. What is the fee for company strike off?

 
Company strike off ki fee ₹10,000 se ₹50,000 tak ho sakti hai.

 

8. Who can apply for company strike off?

 
Company ke directors ya shareholders company strike off ke liye apply kar sakte hain.
 

9. What is the role of ROC in company strike off?

 
ROC company strike off ki application ko verify karta hai aur public notice publish karta hai.
 

10. Can a company with liabilities be struck off?

 
Nahi, company ke sabhi liabilities ko settle karna zaroori hai.
 

11. What happens to company assets after strike off?

 
Company ke assets ko distribute kiya jata hai shareholders ke beech.
 

12. Can a company be struck off without public notice?

 
Nahi, public notice publish karna zaroori hai.
 

13. What is the difference between company strike off and winding up?

 
Company strike off mein company ka naam register se hata diya jata hai, jabki winding up mein company ki assets ko sell karke liabilities ko chuka diya jata hai.
 

14. Can a company strike off be done without professional help?

 
Haan, lekin professional help lena fayde mand ho sakta hai.
 

15. What are the consequences of company strike off?

 
Company ki existence khatam ho jati hai, aur company ka naam register se hata diya jata hai.
 

16. Can a company be restored after strike off if there are objections?

 
Haan, company ko restore kiya ja sakta hai agar koi objections nahi aate hain.
 

17. What is the process of company strike off?

 
Company strike off ki.
 

16. What is the process of company strike off?

 
Company strike off ki prakriya mein board meeting, shareholders' meeting, clearance of liabilities, filing of Form STK-2, ROC verification, public notice, aur final strike off shamil hain.
 

17. Can a company be struck off if it has pending legal proceedings?

 
Nahi, company ke sabhi pending legal proceedings ko settle karna zaroori hai.
 

18. What happens to company employees after strike off?

 
Company employees ko company strike off ke baad koi bhi protection nahi milti hai, aur unhein apne dues ke liye alag se claim karna hota hai.
 

19. Can a company strike off be challenged by creditors?

 
Haan, creditors company strike off ko challenge kar sakte hain agar unhein lagta hai ki company ne apne liabilities ko settle nahi kiya hai.
 

20. What is the role of a professional in company strike off?

 
Ek professional company strike off ki prakriya mein madad kar sakta hai, jaise ki documents ko prepare karna, ROC ke saath communication karna, aur regulatory requirements ko follow karna.
 

Additional Benefits and Challenges of Company Strike Off Benefits

 
1. No Annual Compliance: Company strike off ke baad, company ko annual compliance ki zaroorat nahi hoti hai.
 
2. No Liability: Company strike off ke baad, company ki liability khatam ho jati hai.
 
3. No Maintenance of Records: Company strike off ke baad, company ko records maintain karne ki zaroorat nahi hoti hai.
 
4. No Audit Requirements: Company strike off ke baad, company ko audit requirements ko follow karne ki zaroorat nahi hoti hai.
 
5. No ROC Filings: Company strike off ke baad, company ko ROC filings ki zaroorat nahi hoti hai.
 
6. Closure of Bank Accounts: Company strike off ke baad, company ke bank accounts ko close kiya ja sakta hai.
 
7. No Penalty for Non-Compliance: Company strike off ke baad, company ko penalty for non-compliance ki zaroorat nahi hoti hai.
 
8. Protection from Creditors: Company strike off ke baad, company ko creditors se protection milti hai.
 
9. No Tax Liabilities: Company strike off ke baad, company ki tax liabilities khatam ho jati hai.
 
10. Finality: Company strike off ke baad, company ki existence khatam ho jati hai, aur company ko koi bhi further obligations nahi rehti hain.
 

Challenges

 
1. Complex Procedure: Company strike off ki prakriya complex aur time-consuming ho sakti hai.
 
2. Documentation Issues: Sabhi documents ko properly maintain karna zaroori hai, aur koi bhi mistake company strike off ki prakriya ko delay kar sakti hai.
 
3. Liability Settlement: Company ke sabhi liabilities ko settle karna zaroori hai, jo ki challenging ho sakta hai.
 
4. ROC Objections: ROC dwara objections uthaye ja sakte hain, jo ki company strike off ki prakriya ko delay kar sakte hain.
 
5. Public Notice: Public notice publish karna zaroori hai, jo ki company ke stakeholders ko notice milta hai.
 
6. Creditor Objections: Creditors company strike off ko challenge kar sakte hain, jo ki company strike off ki prakriya ko delay kar sakte hain.
 
7. Tax Clearance: Company ke tax liabilities ko clear karna zaroori hai, jo ki challenging ho sakta hai.
 
8. Employee Settlement: Company employees ko settle karna zaroori hai, jo ki challenging ho sakta hai.
 
9. Regulatory Compliance: Company ko regulatory requirements ko follow karna zaroori hai, jo ki challenging ho sakta hai.
 
10. Time-Consuming: Company strike off ki prakriya time-consuming ho sakti hai, aur company ko lagbhag 4-5 mahine lag sakte hain.
 
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Real difference in navigating the complexities of hiring and career development. Keep up the fantastic work

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