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Removal of name of company from the Register on suo-motu basis

Rule 3 - Companies Law - Rule 3 - 3. .- (1) The Registrar of Companies may remove the name of 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 laws; (iii) vanishing c .....

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itted or follow up of instructions on report under section 208 is pending or where any prosecution arising out of such inquiry or scrutiny, if any, is pending with the Court; (vi) companies against which any prosecution for an offence is pending in any court; (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 .....

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