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of <h1>Registrar Can Strike Off Defunct Companies Under Section 560, Directors Remain Liable, Restoration Possible Within 20 Years.</h1> Section 560 of the Companies Act, 1956, empowers the Registrar to strike off a defunct company from the register if it is not conducting business. The Registrar must send inquiries to the company, and if no response is received within specified timeframes, a notice is published in the Official Gazette. If the company does not show cause to the contrary, it may be dissolved. Directors and officers remain liable, and the Tribunal can restore the company to the register if an application is made within 20 years, proving the company was operational at the time of striking off.
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