CS Executive · Company Law and Practice · Dormant Company
Tara Infra Ltd, a dormant company, defaults in meeting the requirements of section 455, such as filing the prescribed documents and paying the annual fee. What can the Registrar do?
The Registrar can strike off the company's name from the register of dormant companies. Section 455(6) provides this consequence for failure to comply with the section's requirements. It concerns the dormant register, not dissolution of the company under section 248.
- AStrike off its name from the register of dormant companiesCorrect
- BDissolve it immediately by a certificate of incorporation cancellation
- CConvert it automatically into a section 8 company
- DRemove its directors from office
Explanation
Section 455(6) empowers the Registrar to strike off the name of a dormant company that has failed to comply from the register of dormant companies. This differs from section 248 removal from the register of companies, which leads to dissolution. Neither conversion nor director removal is provided.
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