The Companies (Removal of Names of Companies from Register of Companies) Amendment Rules, 2020

The Companies (Removal of Names of Companies from Register of Companies) Amendment Rules, 2020 issued on 29 June 2020 provides the Form STK-3A in which indemnity bond shall be provided by authorized representative of the government while filing Form STK-2 for a company wholly owned by government or government company.

An application for removal of name of the company under sub-section (2) of section 248 shall be made in Form STK-2 along with indemnity bond duly notarised by every director in Form STK 3. The amendment has provided the Form STK-3A in which indemnity bond shall be provided by authorized representative of the government for a company wholly owned by government or government company.

Click here to read the Amendment.

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