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    <description>Section 560 of the Companies Act, 1956 (corresponding to Section 248 of the 2013 Act, not yet notified) permits striking off names of companies not carrying on business after prescribed procedure; the Ministry continues Easy Exit and Fast Track Exit schemes to facilitate removal of defunct companies. Registration reforms require Director Identification Numbers for directors, verification of registered office addresses with supporting documents, and in person certification by specified professionals, with detailed rules in the Companies (Incorporation) Rules, 2014.</description>
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