As a business owner in India, it is important to be aware of the status of your company and ensure that it is in good standing. One of the ways to do this is by checking if your company has been struck off by the Registrar of Companies (ROC). In this article, we will discuss the steps you can take to check the strike off company status of your company in India.
What is a Strike Off Company in India?
A strike off company in India refers to a company that has been struck off the register of companies by the ROC. This can occur for various reasons, including non-compliance with the Companies Act, 2013, or non-filing of annual returns for a consecutive period of three financial years. Once a company has been struck off, it is considered to be inactive and is no longer recognized as a legal entity in India.
Why Check Your Company’s Strike Off Status?
There are several reasons why it is important to check your company’s strike off status. Firstly, if your company has been struck off, you will no longer be able to carry out any business activities under that name. Secondly, you may face legal consequences if you continue to trade as a struck off company. Thirdly, a strike off can negatively impact your company’s reputation and make it difficult to attract investors or partners.
Steps to Check Strike Off Company Status in India
To check the strike off status of your company in India, you need to follow these steps:
- Visit the Ministry of Corporate Affairs (MCA) website
- Click on the ‘MCA Services’ tab
- Click on ‘View Company/LLP Master Data’
- Enter the name of your company in the search bar
- Review the results and check the status of your company
- If your company has been struck off, the status will be reflected on the MCA website. You can also verify the strike off status by visiting the office of the Registrar of Companies in your jurisdiction.
What to Do If Your Company Has Been Struck Off?
If your company has been struck off, it is important to take immediate action to restore its status. This can be done by filing a request for revival of the company with the ROC. The process of revival may take several months and requires the submission of various forms and documents. It is recommended that you seek the assistance of a professional or a qualified legal advisor to help you navigate the process.
It is important to note that the process of strike off and its consequences may vary depending on the jurisdiction. In some cases, it may be possible to revive a struck off company, but this requires legal intervention and can be a complex process.
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Conclusion
In conclusion, checking the strike off status of your company in India is an important step in ensuring that your business is in good standing. By following the steps outlined above, you can quickly and easily determine the status of your company and take the necessary action to restore its status if needed. Remember, it is always better to be proactive in managing the health and status of your business to avoid any potential legal or reputational consequences.
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