Strike out company article easily

Aug 6th, 2022
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When you need to apply a small tweak to the document, it should not take long to Strike out company article. This type of simple action does not have to demand extra training or running through handbooks to learn it. With the appropriate document editing resource, you will not spend more time than is necessary for such a quick change. Use DocHub to simplify your editing process regardless if you are an experienced user or if it’s the first time using a web-based editor service. This instrument will require minutes to figure out how to Strike out company article. The only thing needed to get more effective with editing is a DocHub account.

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How to strike out company article

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company dissolution commonly referred to as striking off a company is a process used to close down a solvent limited company where distributable funds are less than 25 000 pounds the company will be listed as dissolved on companies house which is the public register on which official company information is displayed if youve decided your company is no longer required perhaps youve ceased trading or never begun trading in the first place striking off the company is a quick and cost effective way of bringing operations to an end a company can apply to be struck off the companys house register by submitting a ds01 form and paying a small fee an insolvency practitioner is not required when initiated by the directors or shareholders this dissolution process is known as voluntary strike off conversely there is compulsory strikeoff which is initiated by a third party commonly companies house who file a notice that the company will be removed from the register typically for reasons of non-

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1000Power to strike off company not carrying on business or in operation. (1)If the registrar has reasonable cause to believe that a company is not carrying on business or in operation, the registrar may send to the company [F1a communication] inquiring whether the company is carrying on business or in operation.
Section 248 of The Companies Act 2013 states about the provisions of Strike off of company. A company can make application to roc for strike off a company after extinguishing all its liabilities. Shareholders approval by the way of special resolution is required before making an application.
Provided that notwithstanding the undertakings referred to in this sub-section, the assets of the company shall be made available for the payment or discharge of all its liabilities and obligations even after the date of the order removing the name of the company from the register of companies.
(5) Where the articles contain provisions for entrenchment, whether made on formation or by amendment, the company shall give notice to the Registrar of such provisions in such form and manner as may be prescribed.
Strike Off means removing the name of the Company from the Register of Companies maintained by the Registrar of Companies. It is more like a Closure of the Company and the Company will not be in existence after being Struck Off and cannot perform any operation thereafter.
(g) the particulars of the interests of the persons mentioned in the articles as the first directors of the company in other firms or bodies corporate along with their consent to act as directors of the company in such form and manner as may be prescribed.
(5) At the expiry of the time mentioned in the notice, the Registrar may, unless cause to the contrary is shown by the company, strike off its name from the register of companies, and shall publish notice thereof in the Official Gazette, and on the publication in the Official Gazette of this notice, the company shall
Provided that notwithstanding the undertakings referred to in this sub-section, the assets of the company shall be made available for the payment or discharge of all its liabilities and obligations even after the date of the order removing the name of the company from the register of companies.

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