Companies House to resume the voluntary strike-off from 10 September 2020
Posted on 21st July 2020 at 09:57
Company strike off is fundamentally a mode of officially closing a firm and taking it out it from the Companies Register. A business can be struck off from the register either willingly or compulsorily.
The management, possibly due to the firm going into liquidation, usually decides voluntary strike-off. On the other hand, compulsory strike-off is an ultimate outcome of the inability to submit annual accounts or to file confirmation statements. Here, Companies House is assuming that the firm is no longer required and thus the decision to strike off.
In March 2020, Companies House announced provisional relief processes to postpone voluntary strike-off action due to coronavirus. However, now Companies House has announced that it will lift the temporary measures from the 10th September 2020 and will resume its duties for the firms, which have submitted an application for voluntary strike-off.
After the 10th September 2020, if the two-month period from the publication of the Gazette notice has ended, and if there are no objections to the strike off, Companies House will strike off your firm. The good news is that for some time there will not be any strike-offs for inability to file accounts or confirmation statements. This move is to give businesses some more time to pull through from this challenging working environment.
If you have not ‘Struck off’ your company till now, but are planning to go for voluntary strike-off, use our service and we assure you that you will have peace of mind as the whole process will be taken care of by our experienced agents. We can also help you if you want to want to discuss the most suitable way to close your company. Contact us now for expert advice!
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