striking off definition

striking off

Process of removing an incorporated or registered firm from the register or roll kept by the governing statutory agency such as registrar of companies. Striking off may be (1) on the request of the firm itself after cessation of business activities, (2) on non-filing of accounts and other statutory requirements, or (3) on non-response to the statutory agency's mail sent to the firm's official (registered) address.

striking off is in the Corporate, Commercial, & General Law and Entrepreneurship, Management, & Leadership subjects.

This content can be found on the following page:

http://www.businessdictionary.com/definition/striking-off.html