Strike-off Private Limited
“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.
Every company is started with a vision to run its business forever, but not all businesses are successful in the long run. As we already are aware, there is a certain procedure to incorporate a company, run a company, likewise there is a specific procedure to close a company. As on date, there are two ways to close a company.
- Strike off company
- Winding up of company