Striking off
satish tiwari (2 Points)
30 September 2019
a company who is strike off by ROC can be wound up or not
1 Replies
Jatin Bajaj
(CS)
(2930 Points)
Replied 01 October 2019
As per section 248 (1) and section 248(2), the Company which are striked of by teh ROC are no longer in existence as the legal entity of the Company has been disolved and such Company are assumed to be wound up. Only those Companies which could not be striked off like vanishing Companies, Company which are delisted, Company against which the charge is pending or the order from the court is pending cannot be striken off. They need to be wound up subject to the provisions of Insolvency and Bankruptcy code.
Recent Topics
- Excess Amount in Challan for Updated Return
- ITR for advocate
- 194I and 194c
- FIRC filing for investment recieved from NRO accou
- TDS on joint property of NRI husband and indian wi
- TDS ON LAND AND CONSTRUCTION
- Tax Audit for professional
- FD interest , TDS and ITR calculation
- ITC Refund for Export of services
- Gst eligibility for dentist, and beauty saloon
Related Threads
CAclubindia
