If the company is omitted from the filing of one-year financials to the ROC. What are the consequences?
Registrar 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 30 days from the date of the notice.Â [Section 248(1)(C)]
ROC will assume that your business is closed because you have not filled AOC-4 and MGT-7 for continuous period of 2 years so he will send notice stating his intention to strike off your company. After providing reasonable opportunity of being heard, he will strike off your company.