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    <title>LIABILITY OF A STRUCK OFF COMPANY UNDER FEMA</title>
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    <description>Striking off under Section 248 follows prescribed notice and representation procedures and requires the Registrar to be satisfied that adequate provision exists for realisation of amounts due and discharge of liabilities; assets of the company remain available for payment or discharge of obligations even after removal, and regulatory approval is required where a company is governed by a special Act.</description>
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