Transactions in properties of struck-off companies are void ab initio until restoration, states must prevent registrations.
State authorities must promptly identify properties of companies struck-off from the Register and share information with the Ministry so district administrations can prevent property transactions. Transactions in properties of struck-off companies by directors or authorized signatories are void ab initio and remain null until the company is restored by tribunal order; registration authorities must be directed to block such transfers and erring officials may face disciplinary action.

Designation of dealers in precious metals and stones rescinded pending a revised notification and wider consultation.
The Government has rescinded Notification No. 4/2017 that designated dealers in precious metals, precious stones and other high value goods as carrying on designated business under the anti money laundering framework, following representations about incongruities. A separate notification will be issued after wider stakeholder consultation to reconsider designation and compliance terms.

Struck-off companies account scrutiny reveals large post-demonetization deposits and withdrawals, prompting targeted investigations and account freezes.
Thirteen banks reported substantial post-demonetization deposits and withdrawals through accounts of companies that had been struck off, many showing negligible opening balances yet large gross flows during the demonetization period and thereafter; some transactions occurred even after striking off. The pattern-multiple accounts, repeated large in-and-out transactions leaving nominal balances-suggests coordinated misuse of banking channels by suspected shell entities. Investigative agencies have been instructed to pursue time-bound inquiries, and banks have restricted operations to liability discharge and frozen affected accounts pending investigation.