Sec 10A - commencement of business
If a company delays to file the respective declarations regarding subscription to share capital and registered office, but it is in an idea of filing a delayed declaration. Within that time, if the ROC considers the company as a "company only in papers" and strikes its name. What will be tye consequences?? How will the company move forward regarding this??
ROC shall generally 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
Thank you so much for clearing my doubts.