Striking off

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Striking off

Striking off:

It refers to the removal of the name of a company from the register of companies maintained by the Registrar of Companies. It refers to the closing down of a company. After striking off, a company will not be able to carry on any business. Striking off a company's name from the register is a long and tedious procedure. After a company's name is struck off, it cannot sell the shares even. Legal Times will help you in this procedure.

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