Striking off companies for non commencement or prolonged inactivity; Registrar invites objections within a stipulated notice period. Registrar proposes striking off companies that have not commenced business within one year, that have been inactive for the two immediately preceding ... Summary
Striking off companies for non commencement or prolonged inactivity; Registrar invites objections within a stipulated notice period.
Registrar proposes striking off companies that have not commenced business within one year, that have been inactive for the two immediately preceding financial years without applying for dormant status, where subscribers have not paid agreed subscriptions and no declaration was filed within the prescribed time, or where physical verification shows no business; interested persons may object to the proposed removal by submitting objections to the Registrar's office within thirty days of publication.
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