Company strike-off procedure expanded to cover non-filing, inactivity, prescribed liability clearance, and broader objections. Section 248 of the Companies Act, 2013 is proposed to be amended to expand the grounds for striking off a company's name, including non-operation, absence of significant accounting transactions, and failure to file financial statements or annual returns for consecutive years. The amendment also prescribes the manner of extinguishing liabilities, widens the objection process to include any other person, and substitutes references to an order with references to striking off the company name.