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of <h1>Section 249: Restrictions on Company Removal from Register; Violations May Lead to Fines Up to One Lakh Rupees.</h1> Section 249 of the Companies Act, 2013, outlines restrictions on companies applying for removal from the register under section 248. A company cannot apply if, in the last three months, it has changed its name or registered office, disposed of property for gain, engaged in non-essential activities, applied for a compromise or arrangement not yet concluded, or is being wound up under relevant laws. Violations result in fines up to one lakh rupees. Applications violating these conditions must be withdrawn or rejected by the Registrar once identified.
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