<h1>Removal of company names under Section 248 continues, with extensive strike-offs and dormant status under Section 455.</h1> Removal of a company's name from the Register of Companies is governed by Section 248, which permits strike-off where a company has not carried on business for two consecutive financial years and has not applied for dormant company status under Section 455; administrative data show substantial numbers of strike-offs over five years and separate counts of companies granted dormant status, while no rule-making power exists under the voluntary liquidation provision of the Insolvency and Bankruptcy Code and no targeted measures have been reported to address industrial sickness.