law: Companies Act, 2013 
  Chapter
  
  XVIII
  Removal
  
  of Names of Companies from the Register of Companies
  248.
  
    Power
  
  of Registrar to remove name of company from register of companies.
  1.      Where the Registrar
  
  has reasonable cause to believe that—
  a.     
  
    a
  
  company has failed to commence its business within one year of its
  
  incorporation;
  b.    
  
    the
  
  subscribers to the memorandum have not paid the subscription which they had
  
  undertaken to pay within a period of one hundred and eighty days from the date
  
  of incorporation of a company and a declaration under sub-section (1 ) of
  
  section 11 to this effect has not been filed within one hundred and eighty days
  
  of its incorporation; or
  c.     
  
    a
  
  company is not carrying on any business or operation for a period of two
  
  immediately preceding financial years and has not made any application within
  
  such period for obtaining the status of a dormant company under section 455, he
  
  shall send a notice to the company and all the directors of the company, of his
  
  intention to remove the name of the company from the register of companies and
  
  requesting them to send their representations along with copies of the relevant
  
  documents, if any, within a period of thirty days from the date of the notice.
  2.      Without prejudice to
  
  the provisions of sub-section (1 ), a company may, after extinguishing
  
  all its liabilities, by a special resolution or consent of seventy-five per
  
  cent. members in terms of paid-up share capital, file an application in the
  
  prescribed manner to the Registrar for removing the name of the company from
  
  the register of companies on all or any of the grounds specified in sub-section
  
  (1 ) and the Registrar shall, on receipt of such application, cause a
  
  public notice to be issued in the prescribed manner:
  Provided
  
  that in the case of a company regulated under a special Act, approval of the
  
  regulatory body constituted or established under that Act shall also be
  
  obtained and enclosed with the application.
  1.     
  2.     
  3.      Nothing in
  
  sub-section (2 ) shall apply to a company registered under section 8.
  4.      A notice issued under
  
  sub-section (1 ) or sub-section (2 ) shall be published in the
  
  prescribed manner and also in the Official Gazette for the information of the
  
  general public.
  5.      At the expiry of the
  
  time mentioned in the notice, the Registrar may, unless cause to the contrary
  
  is shown by the company, strike off its name from the register of companies,
  
  and shall publish notice thereof in the Official Gazette, and on the
  
  publication in the Official Gazette of this notice, the company shall stand
  
  dissolved.
  6.      The Registrar, before
  
  passing an order under sub-section (5 ), shall satisfy himself that
  
  sufficient provision has been made for the realisation of all amount due to the
  
  company and for the payment or discharge of its liabilities and obligations by
  
  the company within a reasonable time and, if necessary, obtain necessary
  
  undertakings from the managing director, director or other persons in charge of
  
  the management of the company:
  Provided
  
  that notwithstanding the undertakings referred to in this sub-section, the
  
  assets of the company shall be made available for the payment or discharge of
  
  all its liabilities and obligations even after the date of the order removing
  
  the name of the company from the register of companies.
  1.     
  2.     
  3.     
  4.     
  5.     
  6.     
  7.      The liability, if
  
  any, of every director, manager or other officer who was exercising any power
  
  of management, and of every member of the company dissolved under sub-section (5 ),
  
  shall continue and may be enforced as if the company had not been dissolved.
  8.      Nothing in this
  
  section shall affect the power of the Tribunal to wind up a company the name of
  
  which has been struck off from the register of companies.