Strike off Under Companies Act of 2013 is an official process for winding up a business. It involves the removal of its name from public records. Voluntary winding up of the company is done by filing a petition with the Registrar of Companies (ROC). Further, the company name is removed from the register by issuing a notice. The process is outlined in the Companies Act, 2013 allowing a straightforward dissolution.
Another effective method of dissolving a company is through removal from public records. Either the Registrar of Companies (ROC) may issue a notice requesting this or alternatively the business can ask themselves for this to occur directly with them. Section 248 to 252 of the Companies Act of 2013 describes this procedure.