A defunct, solvent private company which meets the statutory requirements may be dissolved by way of a summary procedure called deregistration under section 291AA of the Companies Ordinance. Deregistration is a relatively simple, inexpensive and quick procedure for dissolving defunct private companies. An application for deregistration can be made to the Registrar of Companies in the specified form. However, there is no statutory provision for making an application to the Registrar of Companies for striking off. This is a statutory power conferred on the Registrar of Companies to strike the name of a company off the register where he has reasonable cause to believe that the company is defunct and the company shall be dissolved when its name is struck off the register of companies. So, when the name of the company is struck off from the register, the limited company is then being dissolved.
See Q. 1 in
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