What happens to Assets when a Company is Struck Off?

Under the Companies Act, 2013 in India, a struck-off company means a company that has been officially removed from the Registrar of Companies (ROC) records. It happens when the company has not been active or has failed to follow legal rules, like filing annual returns or financial statements.

When a company is struck off the register, it loses its legal existence:-

1. Assets will get frozen
2. Government May Take Custody
3. Restoration can reclaim the Assets.

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What is a Struck Off Company? Meaning, Process.

Learn about struck-off companies, reasons why companies are removed by ROC, and how to restore or avoid strike-off status.

Security Tips for Using Aadhaar Offline e-KYC

Aadhaar offline e-KYC is a secure and convenient way of verifying an individual’s Aadhaar card with xml file. This method is secure as only limited data is used for verification. So, no one can get unauthorized access to sensitive information or misuse data.

These are security tips you should follow to keep your data private:

1. Use A Strong Share Code
2. Delete Zip File After Use
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Aadhaar Paperless Offline e-KYC: A Secure to Verify Identity

Learn about Aadhaar paperless offline e-KYC for safe and secure verification. Share limited data using an XML file and prevent misuse.

Why do we need DIGIPIN?

It is a location-based code system developed to uniquely identify physical addresses in India, unlike the traditional postal PIN code that covers broad areas and often include thousands of households or businesses under a single code.

We need to DIGIPIN for the following reasons:

1. Precision in Location Identification
2. Easeout Delivery and Logistics
3. Smarter Urban Planning and Governance
4. Eliminates Address Duplication.

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What are the Disadvantages of GST in India

GST (Good and Services Tax) is a single tax that the government charges on the sales of goods and services. It replaces old taxes like VAT, service tax, and excise duty.

These are the disadvantages of using GST:

1. Higher Tax Burden for Some Services
2. Compliance is Complex
3. Technical Glitches in GST Portal
4. Small Businesses Face Challenges
5. Frequent Changes in Rules.

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What are the Advantages and Disadvantages of GST in India

Know the advantages and disadvantages of GST - an easy tax system, but small businesses face trouble with the rules and the online process.

How to check CVL KRA KYC Status?

CVL KRA (CDSL Venture Limited) is a SEBI-approved KYC Registration Agency (KRA). It acts as a centralised database for investor KYC records.

How to check CVL KRA KYC Status?
After the registration, you can check your KYC status by following the steps below:

1. Visit the CVL KRA KYC Inquiry Page
2. Enter the PAN Number, Applicant Name, DOB/Date of incorporation, Exempt Category, Captcha, and click on Submit.
3. KYC status will be displayed on the Screen.

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What is CVL KRA? Centralized KYC for Investor - Surepass

Know the CVL KRA process that simplifies the KYC process for investors with centralized, secure and efficient verification.