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    <title>STATUTORY REQUIREMENT OF STRIKING OF NAME OF A DEFUNCT COMPANY UNDER SEC. 560 OF THE COMPANIES ACT, 1956</title>
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    <description>The Registrar&#039;s power under Section 560 to strike a company from the register requires a prescribed sequence of postal inquiries, registered follow-up notices and Gazette publication; removal must only proceed after allowing time to show cause. Failure to send the statutory notices, to apply independent judgment instead of merely following a Ministry instruction, and to consider contemporaneous audited accounts and subsequent filings bearing on the company&#039;s operational status undermines the strike-off exercise.</description>
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    <pubDate>Tue, 28 Dec 2010 23:10:23 +0530</pubDate>
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      <description>The Registrar&#039;s power under Section 560 to strike a company from the register requires a prescribed sequence of postal inquiries, registered follow-up notices and Gazette publication; removal must only proceed after allowing time to show cause. Failure to send the statutory notices, to apply independent judgment instead of merely following a Ministry instruction, and to consider contemporaneous audited accounts and subsequent filings bearing on the company&#039;s operational status undermines the strike-off exercise.</description>
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