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section 560 of the companies act, 1956

(Querist) 04 September 2010 This query is : Resolved 
Dear Professional collegues I want to know that if a company has not filed its annual accounts and annual return for last 2 years, and is not doing business since its incorporation, then whether it can go for stike off under section 560 of the act without filing the annual accounts and returns for the pending two years.

Also note that the company has received a notice from the ROC for filing its annual accounts.

Waiting for prompt response.
Report Abuse
Chanchal Nag Chowdhury (Expert) 04 September 2010
The Directors of the Co.may face prosecution.
s.subramanian (Expert) 04 September 2010
Yes. Mr.Chanchal is right.

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