Dissolution - Simplification of the existing procedure for removal of the names of defunct Indian companies from the register of Companies under section 560

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....e names of defunct Indian companies from the register of Companies under section 560 1. I am directed to say that the procedure for striking off the names of companies was revised vide this Department's Circular No. 9/7/83-CL-III, dated 17-2-1987 (see Clarification 2). It is, however, felt that the said procedure requires to be suitably amended/liberalised so that the names of such defunct comp....

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....estors/creditors and there are complaints against the company. This is, however, without prejudice to the procedural requirements of section 560 of the Act, including issue of notice under section 560(3)/(5) of the Act to be sent to the income-tax authorities also. 2. It may also be pointed out that where a request has been made under section 560 of the Act and you are satisfied that action und....