If a company is struck from the register how can it be restored/reinstated?
A struck-off company may be reinstated after obtaining a Court Order and settling all fees and requirements stated in the Court Order.
If a company’s status is “pending strike” how can it avoid being struck?
To prevent a company in pending strike status from being struck from the register, all matters in which the company is non-compliant have to be resolved:
- All Fees & penalties paid
- All outstanding filings made (e.g. appointment of registered office).
Partial compliance will not be accepted to restore the company to active status.
What is required to voluntarily liquidate a company?
The company has to be solvent (able to pay its debts when they fall due) before it can be liquidated voluntarily. The following should be filed with the Registrar within 28 days of the commencement of the liquidation:
- Form 19: Notice of Voluntary Winding up
- Form 20: Liquidator’s consent to act
- Form 21: Declaration of Solvency
- Special Resolution/Evidence of event or expiration of the period stated in Articles that would result in the liquidation of the company
Upon completion of the winding up (liquidation) process the liquidator should, within 7 days of the Final General Meeting, file with the Registrar:
When would I utilize the voluntary liquidation option to remove a company from the register?
Voluntary liquidation is used when the company is solvent (able to pay its debts when they fall due) and has passed a resolution that they wish to be wound up or an event has occurred or a period of time elapsed as specified in its articles of association.
What is required to be filed to strike off a company?
To strike the company the applicant should submit a letter along with a resolution stating to the effect that the company is not in operation and has no assets or liabilities.
When would I utilize the strike off option to remove a company from the register?
A voluntary strike is used when the company is not in operation and has no assets or liabilities.
How do I remove a company from the register?
Companies may be removed from the register by:
- Voluntary Strike off
- Voluntary Liquidation
My company is listed for strike off – May I make a partial payment to prevent strike off?
Full compliance is required for a company to be restored to active status. Therefore, partial payments are not accepted for companies that are pending strike off.
How can the public access the list of companies that are pending strike or struck from the register?
The Companies Registry is required to publish the names of all companies that are pending strike in the Gazette. ROC also publishes the list on the website www.ciregistry.ky
Can a company be registered without “Limited” or “Ltd” in its name?
All companies EXCEPT ordinary companies not designated as non-profit organisations may be registered without “Limited” or “Ltd” in its name.