The removal of names of a company from the register of companies can often be an arduous and time-consuming task. However, with the right guidance, the process can become simpler and faster. Every company has a procedure that it needs to follow for the same, for example, hold a board meeting and extinguish its liabilities. The company then needs to get the same approved through the shareholders and the necessary regulatory bodies. All un-listed non-operational companies can make an application for the same. Through this article, Vijaylaksmi C. ably explains the process that will help us to duly carry out the task of company name removal. She adopts a step-by-step process to explain the entire procedure with clinical precision.
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