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Query regarding strike off company


22-May-2023 (In Corporate Law)
I have query regarding strike off company. I got a notice from roc as stk-1 and company gets strike off.nI wanted to know about what will happen if we are not revive this company. nIs there any panalty and prosecution against company and its director for previous non-compliance. nOther than this what action income tax department will take against strike off company if company is not doing any business/transactions but not filing itr.nPlease suggest me how to get out of this.nThanks in advance.
Answers (1)

Answer #1
927 votes
case a company has not been filed its Annual Return for three continuous financial years, then every person who has been a director or is currently the director of the specific company could be disqualified under the Companies Act, 2013.
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