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Companies (Removal of names of companies from ROC) Rules 2016

The Ministry of Corporate Affairs (MCA) dated 24th August 2022 has declared an amendment in Form No. STK -1 and STK-5A of Companies (Removal of names of companies from ROC) Rules 2016. To know the MCA amendment, continue reading.

Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India

 

31st August 2022

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ANNOUNCEMENT

Sub : Amendment in the Companies (Removal of names of companies from the register of companies ) Rules 2016

This is to inform you that the Ministry of Corporate Affairs vide its notification dated 24thAugust 2022 has amended Form No. STK-1 and STK-5A of Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016. The amendments are as follows:

In the Companies (Removal of Names of Companies from the Register of Companies) Rules,

2016, –

(a) in Form No. STK-1, in paragraph (1), for the brackets and words “(tick whichever is applicable)”, the following shall be substituted, namely:

“the company is not carrying on any business or operations, as revealed after the physical verification carried out under sub-section (9) of section 12.

(Tick whichever is applicable)”

(b) in Form STK-5, in paragraph 1, after sub-paragraph (iii) and before the long line, the following shall be inserted, namely:

“(iv) the following companies are not carrying on any business or operations, as revealed after the physical verification carried out under sub-section (9) of  section 12.”

(c) Further, in Form No. STK-5A, in paragraph 1, for the brackets and words “[Strike off whichever is not applicable]”, the following shall be substituted, namely:

“(iv) are not carrying on any business or operations, as revealed after the physical verification carried out under sub-section (9) of section 12.”

Notification is available at the link

https://www.mca.gov.in/bin/dms/getdocument?mds=z76om3NiBGIHmWy4e0HtcA%253D%253D&type=open

Members may take note of the above.

Sincerely Yours,

Chairperson and Vice Chairperson
Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India

 

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