Revival of Strike off Companies
- Petition with NCLT
- Active Status of Company
- Simple & Secure Online Process
- Dedicated Professional
- Expert Lawyer/CS Advice
- Get the revival in 2-3 months
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Introduction
Whenever any company fails to fulfill the following statutory requirements of the Act is struck off by the Registrar of Companies:-
- either fails to commence its business within a period of one year of date of its incorporation or;
- who have not been carrying of any business or operations for a period of two financial years or;
- who fails to submit the yearly returns.
The Striking Off of the Company simply means removing the name from the Register of Companies as maintained by the Registrar of Companies. With the striking off a Company will not be considered in existence and cannot perform any of its operations thereafter.
Though there is a slight difference between the striking off of a Company and winding off a Company, as the former means temporary closure which allows the company to restore itself in future while winding off means permanent closure where there are no chances of revival.
Revival of a Company is done to make the status of Company active again as per the process enumerated under the law.
For revival of a Company an appeal / petition / application can be filed by a person who is affected by such strike off of the company to the National Company Law Tribunal (NCLT) within a period of 3 years from the respective date of order by the registrar for striking off of the name of the Company and the onus lies on the person applying for the said revival upon the satisfaction of NCLT with the justifications given by the concerned person and is of the opinion may order the restoration of the name of the company in the register of companies.
Firm Registration can help you with the revival of your Company Name in the Registers of Registrar of Companies just by following certain steps by providing the best assistance, timely delivery and guaranteeing the highest customer satisfaction You may get in touch with our team on call or email info@firmregistration.in
Process of Restoration of a Company
1. Complete the Application Form
2. Document Processing
3. Drafting of Application and serving the same to ROC
4. Conducting of Hearing by the Tribunal
5. Receiving of Order
6. Publication in the Official Gazette
Documents Required
- Copy of the Notice of striking off of Companies along with list of companies
- Copy of the letter received from the respective Bank regarding the freezing of the Current Bank Account of the Company
- Copy of the Incorporation documents such as Certificate of Incorporation, Memorandum and Articles of Association
- Copy of the Income Tax Returns filed by the Company since incorporation
- Copies of the Current Bank Account Statement of the Company
- Copy of the Audited Financial Statements since incorporation
FAQ's On Revival Of Stike Off Companies
The Notice of strike off can be obtained from the official website of the government i.e. Ministry of Corporate Affairs
The applicant shall have to deliver a certified copy of the order of NCLT to the ROC within a period of 30 days from the date of order.
The petition or an appeal for the revival of struck off company can be made by the company/ members/ woekmen/ creditors before the expiry of 20 years from the date of publication in the Official Gazette of the notice of the striking-off.
No, the petition or appeal for the revival of the struck off companies has to be made in person in NCLT and cannot be filed online.