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How to Revive Struck Off Companies

Struck off companies are those companies which have not been filing their annual compliances for a couple of years or more. Such companies are therefore considered (by RoC) not to carrying on their business. Has your entity being struck off from the Register of Companies, you are at right place to take off your worries.

 

In 2016 over 1.63 lakh companies have not been carrying out business activities for long have been deregistered and a series of actions against such shell companies have been taken by ROC. These actions of government have caused a huge disturbance to the companies which were carrying on the business legally but have not done their statutory filings. Though the ROC must have served notices as mandated under Section 248 on the registered email ids of the Companies before striking them off, in many cases, there were complaints of not receiving any notice.

Procedure to restore struck-off companies

  • Step 1:  Corpseed received a request to restore your struck-off company
  • Step 2: We will assign a dedicated resource who is professionally skilled in the procedure of restoring struck-off companies. You can get in touch with the assigned resource at any point of time for consultation and assistance in restoring your struck-off company
  • Step 3: Our resource will collect all the required documents/information and file appeal and application to Tribunal for restoring for restoring your struck-off company

 

Benefits

  • Continue operations with the existing entity
  • Cost effective
  • Can use the existing brand name for marketing & advertisement purpose
  • Continue operations with the existing setup

 

Is Revival of Struck-Off Companies important

It entirely depends on the decision that whether you want to work with existing entity struck off or want to create a new to operate. In case if you are operating fine with the existing entity and failed to file compliances or annual return, then our suggestion is to restore the existing entity

 

Documents required for company revival

  • PAN Card of all Directors
  • Latest Telephone Bill / Electricity Bill Etc. (Premises)
  • Affidavit by all Directors
  • Indemnity Bond by all the Directors
  • Copy of MoA & AoA
  • All Book of Account to be provided by a CA in the prescribed format
  • Close All Bank Accounts opened with company name before filing Application for Closure
  • There should be no Assets & Liability in books of Accounts.

 

Procedure for Filing an Appeal

  • Any person can file an appeal within a period of 3 years from the date of the order of the Registrar for his stuck off company. An application has to be filed with NCLT with below mandatory points.
  • Application/Appeal to the Tribunal (NCLT) having jurisdiction over the Registered office of the company
  • Copy of appeal or application shall be served on ROC and other parties about restoration at-least 14 days before the date of hearing
  • There must be a cause for the restoration of the company like it was carrying on the business and was in operation.

 

 

How to get Revival of Struck off Companies?

 

E Wallet

Connect With Corpseed

Connect with the team corpseed to discuss specific requirements for your business at IVR: +91 7558 640 644 or hello@corpseed.com. It takes 20-25 minutes to discuss requirement.

E Wallet

Dedicated Manager

Once you discuss the requirement, we will align a dedicated Account managers are here to help understand your business and provide best solutions and assist you with the entire process.

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Real Time Update

Use our platform to track progress of application and many more. Always know what is going on with your application, what is in progress, and what is done.

Nidhi Company

Job Completed

Once job is completed, you will receive documents directly to your email ID and at your doorstep along with 30 days payback guarantee incase not satisfied with the services.

 

 

faq FAQ`s

Ministry of Corporate Affairs (MCA) & The Company Act 2013

If a company is registered under MCA and didn’t compile with ROC compliances for a couple of years, in this case, ROC declares that company as struck-off and sends notice to inform company owner.

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