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Process for Striking Off the Company Name

In April 2021, The MCA introduced a brand-new regulation wherein companies must disclose details of transactions with the companies that are struck off by the MCA under the Companies Act.<br><br>It is important for every big corporate with a large vendor/supplier group to update and monitor the "strike off company status" of vendors/suppliers before every new financial year to protect future business interests. <br><br>Learn how ConTeTra can help businesses to identify the list of struck off Companies from the vendors list by visiting us at the below link-<br><br>https://contetra.com/strike-that/<br><br><br>

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Process for Striking Off the Company Name

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  1. Process for Striking Off the Company Name

  2. Introduction about Strike Off Company • Every company is started with a vision to run its business forever, but not all business are successful in long run. • As we already are aware, that there is certain procedure to incorporate a company, run a company, likewise there is specific procedure to close a company. • As on date, there are two ways to close a company. • Strike off company • Winding up of company

  3. What does it mean to strike off a company? • Striking off is the process by which a limited company is removed or ‘struck off’ the Companies House Register. • Once the company is removed from the register, it ceases to exist and can no longer trade, make payments or sell assets. • A notice will be published in the Gazette giving interested parties three months’ notice that the company intends to be struck off. If there are no objections during this time, the business will be struck off. 

  4. Which company can get strike off? Any company can get strike off whether it’s a : • Private company • One-person company • Public company • Section 8 company Note that even a dormant company can apply for striking of company.

  5. What are ways to strike off a company? A company can get strike off in two ways:-

  6. Our Company Services • Strike That is A Service That Helps You Get The Details Of “STRUCK OFF” Companies, for Hassle-free Compliance With The New MandatoryDisclosure Requirement Of Schedule III. • ConTeTra provides solution for below Two Steps only- Step 1- Step 2- Receive the output in recordtime (powered by our AI-enabled tool that scrapes throughMCA website for you – leaving noroom for manual errors) Upload your list of vendors/supplierswith their GST numbers (whichis easily available with everyfinance team). For those vendorswhere GST number is not available,our tool can also do a PAN or CINbased search.

  7. You’re free to allocate your resources to more productive activities.We’ll give you a detailed & accurate report of struck-off status within just 72 hours!

  8. Contact Us

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