MCA revised procedure for striking-off companies
The Ministry of Corporate Affairs (MCA) has issued the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022. The amendment rules provide revisions to the procedure for striking off a company. With this amendment, MCA releases amended Form No. STK 1, Form No. STK – 5 and Form No. STK-5A and inserted new sub-rule (4) in Rule 3 of Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016.
It allow the Registrar (if he finds it necessary after examining the application made in form STK-2) to call for further information or direct the applicant to remove the defects and re-submit the complete Form within 15 days from the date of such information, failing which the Registrar shall treat Form as invalid in the e-record, and shall inform the applicant.
Any re-submission of the application in Form STK-2 made before the commencement of the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022 shall not be counted to reckon the maximum number of re-submissions of such Form.
