Restrictions on company removal applications: recent corporate changes bar filing and prompt withdrawal or rejection. Restrictions bar applications for removal of a company's name under section 248 if, in the preceding three months, the company changed its name or shifted its registered office between States; disposed of property or rights after ceasing or in anticipation of ceasing trade for gain; engaged in activities beyond those necessary to decide on or effect the application; has a pending Tribunal compromise or arrangement application; or is being wound up under Chapter XX. A breach attracts a monetary penalty and requires withdrawal of the application or rejection by the Registrar when the disqualifying conditions are brought to notice.
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Provisions expressly mentioned in the judgment/order text.
Restrictions on company removal applications: recent corporate changes bar filing and prompt withdrawal or rejection.
Restrictions bar applications for removal of a company's name under section 248 if, in the preceding three months, the company changed its name or shifted its registered office between States; disposed of property or rights after ceasing or in anticipation of ceasing trade for gain; engaged in activities beyond those necessary to decide on or effect the application; has a pending Tribunal compromise or arrangement application; or is being wound up under Chapter XX. A breach attracts a monetary penalty and requires withdrawal of the application or rejection by the Registrar when the disqualifying conditions are brought to notice.
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