Application for removal/Strike off company name to be made to Registrar, Centre for Processing Accelerated Corporate Exit (C-PACE)
MCA vide Notification dated 17.04.2023 has notified Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2023 w.e.f. 1st May 2023.
With effect from 1st May 2023, all applications under section 248(2) of the Companies Act 2013Â for removal of company name shall be made to C-PACE and not to the Registrar of Companies (RoC).
Section 248 of the Companies Act gives power to RoC to to Remove Name of Company from Register of Companies which remain defuncts
Accordingly Form STK-2, Form STK-6 and Form STK-7 has also been modified.
- AO took a reasonable stand that 25 kg written in WhatsApp chat was 25 lakh – ITAT
- Shareholders can’t be taxed for income from properties owned by the company – HC
- Jurisdictional error in reassessment approval can’t be shielded by the law of limitation
- ITAT ought to remanded whole matter of bogus purchases instead of profit determination
- Where proceedings u/s 153C barred by limitation, AO can’t invoke section 148 & 148A
