Company strike-off grounds expanded to include unpaid subscriber subscriptions and companies found inactive after physical verification. Amendment expands grounds for removal under section 248 by adding that unpaid subscriber subscriptions without the requisite declaration within the prescribed period constitute a ground for removal, and that a company not carrying on any business or operations, as revealed by physical verification under the registry verification provision, is likewise a ground for removal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Company strike-off grounds expanded to include unpaid subscriber subscriptions and companies found inactive after physical verification.
Amendment expands grounds for removal under section 248 by adding that unpaid subscriber subscriptions without the requisite declaration within the prescribed period constitute a ground for removal, and that a company not carrying on any business or operations, as revealed by physical verification under the registry verification provision, is likewise a ground for removal.
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