Revival of Struck off Company

Common Questions

Most Popular Questions

When a company is struck off, it means that it has been removed from the register of companies by the Registrar of Companies (RoC) due to non-compliance or failure to file necessary documents.

Yes, a struck off company can be revived by filing an application for revival with the National Company Law Tribunal (NCLT) and obtaining an order for restoration.

Grounds for striking off may include failure to file annual returns, failure to commence business within one year of incorporation, non-compliance with regulatory requirements, or voluntary winding up.

The procedure involves filing an application with the NCLT, submitting required documents, publishing notices, obtaining creditors' and shareholders' consent, and obtaining an order for restoration.

The revival process typically takes around 6 to 12 months, depending on various factors such as the complexity of the case and NCLT processing time.

Documents such as the application for revival, affidavit, indemnity bond, statement of affairs, board resolution, and consent of creditors and shareholders are required.

Non-compliance may lead to rejection of the revival application, legal consequences, and continued dissolution of the company.

Yes, Avenue Advisory provides expert assistance for the revival process, including drafting applications, preparing documents, and representing clients before the NCLT.

Avenue Advisory ensures compliance by guiding clients through the process, preparing accurate documents, and facilitating timely filings with the NCLT.

Outsourcing to Avenue Advisory ensures efficiency, accuracy, and professional representation, enabling companies to successfully revive and resume their operations.

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