Revive the status of strike off company starting from ₹ 25,000/-
Get Started By paying Rs. 25,000/-
Introduction
Whenever any company fails to fulfill the following statutory requirements of the Act is struck off by the Registrar of Companies:-
- either fails to commence its business within a period of one year of date of its incorporation or;
- who have not been carrying of any business or operations for a period of two financial years or;
- who fails to submit the yearly returns.
The Striking Off of the Company simply means removing the name from the Register of Companies as maintained by the Registrar of Companies. With the striking off a Company will not be considered in existence and cannot perform any of its operations thereafter.
Though there is a slight difference between the striking off of a Company and winding off a Company, as the former means temporary closure which allows the company to restore itself in future while winding off means permanent closure where there are no chances of revival.
Revival of a Company is done to make the status of Company active again as per the process enumerated under the law.
For revival of a Company an appeal / petition / application can be filed by a person who is affected by such strike off of the company to the National Company Law Tribunal (NCLT) within a period of 3 years from the respective date of order by the registrar for striking off of the name of the Company and the onus lies on the person applying for the said revival upon the satisfaction of NCLT with the justifications given by the concerned person and is of the opinion may order the restoration of the name of the company in the register of companies.
Sprinthub Solutions can help you with the revival of your Company Name in the Registers of Registrar of Companies just by following certain steps by providing the best assistance, timely delivery and guaranteeing the highest customer satisfaction You may get in touch with our team on 096436-69475 or email info@sprinthub.in .
Documents Required
Copy of the Incorporation documents such as Certificate of Incorporation, Memorandum and Articles of Association
Copy of the letter received from the respective Bank regarding the freezing of the Current Bank Account of the Company
Who can Apply for Restoration
Grounds of Restoration of the Company
In the cases as mentioned below the NCLT may allow the restoration of the struck off company:
- Where there are some pending litigations on the Company.
- Where the assets of the company have high monetary value.
- Any other reason as the NCLT may allow.