FAQs → Can the Registrar strike off a company?
Yes, if it is neither in business nor in operation. The Registrar may take this view if, for example:
- He has not received documents from a company that should have sent them to him; or
- Mail he has sent to a company’s registered office is returned undelivered.
Before the Registrar strikes a company off the register, he must write two formal letters to the company's registered office to enquire whether it is still carrying on business. If he is satisfied that it is not carrying on business, he will publish a notice in the relevant Gazette stating his intention to strike the company off the register unless he is shown reason not to do so.
A copy of the notice will be placed on the company's public record. If the registrar sees no reason to do otherwise, he will strike off the company not less than three months after the date of the notice. The company will be dissolved on publication of a further notice stating this in the Gazette.
From the date of dissolution, any assets of a dissolved company will be 'bona vacantia'. Bona vacantia the technical name for property that passes to the Crown because it does not have a legal owner. The company's bank account will be frozen and any credit balance in the account will be passed to the Crown.
