Struck Off Company in India
A struck-off company in India refers to a company that has been officially removed from the Registrar of Companies (RoC) and is no longer recognized as a legal entity. This can occur due to various reasons such as non-compliance with statutory requirements, failure to file annual returns, or voluntary dissolution. Once a company is struck off, its assets and liabilities are typically transferred to the government, and the company ceases to exist. Directors and shareholders of a struck-off company may face legal consequences and restrictions on future business activities.
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