TMI BlogRemoval of name of company from the Register on suo-motu basisX X X X Extracts X X X X X X X X Extracts X X X X ..... a company from the register of companies in terms of sub-section (1) of section 248 of the Act : Provided that following categories of companies shall not be removed from the register of companies under this rule and rule 4, namely:- (i) listed companies; (ii) companies that have been delisted due to non-compliance of listing regulations or listing agreement or any other statutory law ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rt; (vii) companies whose application for compounding is pending before the competent authority for compounding the offences committed by the company or any of its officers in default; (viii) companies, which have accepted public deposits which are either outstanding or the company is in default in repayment of the same; (ix) companies having charges which are pending for satisfaction; an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ailable on record, by registered post with acknowledgement due or by speed post. (3) The notice shall contain the reasons on which the name of the company is to be removed from the register of companies and shall seek representations, if any, against the proposed action from the company and its Directors along with the copies of relevant documents, if any, within a period of thirty days from th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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