Why Strike Off a Company?

A recent article in the Irish Independent highlights the potential consequences when a company fails to meet its statutory obligations, resulting in involuntary strike off In this example of involuntary strike off the company continues to trade. Below we have

Striking off a company in Ireland

Company strike-off in Ireland is the process whereby a company with very small assets and liabilities [not exceeding €150 gross ] ceases to trade OR company that has never traded is de-registered from the Register of Companies and with the