Strike out company form easily

Aug 6th, 2022
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How to strike out company form

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hello everyone this is TS device well back to see Tom my secretary from Delhi to rate this video we are going to discuss about provision of closer offer company for a close enough company there two ways under Companies Act 2013 one is strike off another is winding up in this video and we are going to discuss about the first we have richest strike off strike no provisions are given under sectional 248 of the Companies Act 2013 as per Section 248 it company can willingly go for the strike offs is it fulfilled first two conditions first foremost condition was in case of a new company company has no started business since last one year one year has been passed and company has not started a business then a company can go for that cycle and the second condition when company is not a new company but at least companys not having any business of operation from previous to finish earlier if this condition is fulfilled then company can go for the strike off otherwise company cannot go for the s

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You can apply to strike off your company, but only if it: has not traded or changed names in the last 3 months. is not threatened with liquidation. has no agreements with creditors, such as a Company Voluntary Arrangement (CVA)
Compulsory strike‐off can be initiated by Companies House, or sometimes by a creditor. The notice advises the general public, suppliers, institutions, and other parties associated with the business that it will be closed down, and enables anyone wishing to challenge the closure to object.
A company may file an application to the Registrar of Companies in E-Form STK-2 after closing off its liabilities. This could be performed by passing a special resolution, which must be consented by seventy-five per cent of its members.
A DS01 form is used to formally dissolve a limited company and remove its name from the Companies House register, which means it will no longer legally exist.
An active proposal to strike off means that the companies house branch of the government has received or formed a petition to have the companies name and legal rights removed or struck off from the register of said companies house, essentially dissolving the company in its entirety.
Voluntary strike-off, also known as dissolution, places the responsibility for closing down the company firmly with yourself and other directors. Voluntary liquidation, on the other hand, is an official process undertaken by a licensed insolvency practitioner (IP).
If you plan to strike off your company, you must inform HMRC without exception. If you fail to notify HMRC, you risk your strike off being blocked. While this could merely delay the process, it could have wider-docHubing consequences.
Company strike off sometimes known as dissolving a company is an informal way of closing down a limited company which is no longer required. This could be because the company has ceased trading, the director is approaching retirement, or simply because the directors have no desire to continue running the business.

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