The Minister of State for Law, Justice and Corporate Affairs, Mr. P. P. Chaudhary reviews the follow-up action by the States on properties belonging to around 2.09 lakh companies struck-off from the Register of Companies by the Central Government https://www.taxtmi.com/news?id=18958 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. en-us Fri, 27 Oct 2017 10:08:25 +0530 Fri, 27 Oct 2017 10:08:25 +0530 TaxTMI RSS Generator The Minister of State for Law, Justice and Corporate Affairs, Mr. P. P. Chaudhary reviews the follow-up action by the States on properties belonging to around 2.09 lakh companies struck-off from the Register of Companies by the Central Government https://www.taxtmi.com/news?id=18958 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. News - Fri, 27 Oct 2017 10:08:25 +0530 https://www.taxtmi.com/news?id=18958