{"id":177784,"date":"2017-12-23T15:00:37","date_gmt":"2017-12-23T09:30:37","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=177784"},"modified":"2017-12-23T00:42:58","modified_gmt":"2017-12-22T19:12:58","slug":"properties-struck-off-companies-roc-cant-used-operated-transferred-alienated-manner","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/12\/23\/properties-struck-off-companies-roc-cant-used-operated-transferred-alienated-manner\/","title":{"rendered":"Properties of struck off companies from RoC can\u2019t be used, operated, transferred or alienated in any manner"},"content":{"rendered":"<p style=\"text-align: justify;\">The Central Government has drawn the attention of all the concerned States and Union Territories (UTs) towards the fact that so far, 2,24,733, companies have been struck off from Register of Companies and that assets, properties etc. (i.e. all movable and immovable assets\/properties) of such struck off companies (which ceased to operate as legal entities) cannot be used, operated, transferred or alienated in any manner by the companies including by their ex-directors\/authorised signatories, till they are restored by following the due process of law under Section 252 of the Act.<\/p>\n<p style=\"text-align: right;\">Ministry of Corporate Affairs<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Government has drawn the attention of all the concerned States and Union Territories (UTs) towards the fact that so far, <\/p>\n","protected":false},"author":91,"featured_media":28141,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-177784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news"],"yoast_head":"<!-- This site is optimized with the 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An Escrow Account with a bank designated by SEBI, shall be opened and all sale proceeds shall be deposited in that interest-bearing account.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Justices S Ravindra Bhat and Satish Chandra","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/07\/Justices-S-Ravindra-Bhat-and-Satish-Chandra.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/07\/Justices-S-Ravindra-Bhat-and-Satish-Chandra.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/07\/Justices-S-Ravindra-Bhat-and-Satish-Chandra.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/07\/Justices-S-Ravindra-Bhat-and-Satish-Chandra.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":214833,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/05\/18\/pmla-appellate-tribunal-properties-seized-must-be-defrozen-after-lapse-of-statutorily-prescribed-time-period-of-90-days\/","url_meta":{"origin":177784,"position":1},"title":"PMLA Appellate Tribunal | Properties seized must be defrozen after lapse of statutorily prescribed time period of 90 days","author":"Bhumika Indulia","date":"May 18, 2019","format":false,"excerpt":"Appellate Tribunal for Prevention of Money Laundering: A Coram of Justice Manmohan Singh (Chairperson) and G.C Mishra (Member) allowed an appeal against the order passed by the Adjudicating Authority to retain seized assets based on a reasonable belief of the respondents. 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Sridharan attorneys represented Uday Jewellery Industries Limited in NCLT-sanctioned amalgamation with Narbada Gems and Jewellery Limited","author":"Editor","date":"February 6, 2026","format":false,"excerpt":"Lakshmikumaran & Sridharan represented Uday Jewellery Industries Limited in an NCLT-sanctioned amalgamation with Narbada Gems and Jewellery Limited under the Companies Act, 2013.","rel":"","context":"In &quot;New releases&quot;","block_context":{"text":"New releases","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/book-releases\/"},"img":{"alt_text":"Uday Jewellery Narbada Gems Amalgamation","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/02\/Uday-Jewellery-Narbada-Gems-Amalgamation.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/02\/Uday-Jewellery-Narbada-Gems-Amalgamation.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/02\/Uday-Jewellery-Narbada-Gems-Amalgamation.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/02\/Uday-Jewellery-Narbada-Gems-Amalgamation.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":315798,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/03\/01\/directors-liability-for-dishonored-cheque-despite-companys-struck-off-status-calcutta-high-court-scc-times\/","url_meta":{"origin":177784,"position":5},"title":"Calcutta High Court holds Directors liable for dishonored cheque despite company\u2019s \u201cstruck-off\u201d status","author":"Ritu","date":"March 1, 2024","format":false,"excerpt":"The Calcutta High Court opined that the trial court failed to consider the provisions of Section 65 which allow for alternate methods of service when due diligence fails.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Calcutta High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Calcutta-High-Court.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Calcutta-High-Court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Calcutta-High-Court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Calcutta-High-Court.webp?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/177784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=177784"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/177784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/28141"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=177784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=177784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=177784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}