The Companies Registration Office has now restarted the involuntary strike-off process.
The CRO can strike a company off if:
- The company has failed to file an annual return – even if only for one year.
- The company has failed to file Form 11F with Revenue.
- It has reasonable cause to believe a company does not have an EEA-resident director, a S137 Bond in place or a continuous economic link with the State.
- The company is being wound up and the Registrar has reasonable cause to believe no liquidator has been appointed.
- It has reasonable cause to believe the company’s affairs are fully wound up and the liquidator has not made the required returns for a period of six consecutive months.
- No one is recorded in the CRO as acting as a current director of the company.
If struck off a company ceases to exist, its limited liability protection is lost and its assets become the property of the State.
The involuntary strike-off process will commence with the issue of the statutory strike-off notice to the company’s registered office per CRO records.
A copy of the notice may also be sent to any directors whose names and addresses are listed with the CRO.
Notices will state the grounds for the strike-off and specify the remedial step that can be taken by the company.
28 days after the statutory strike strike-off notice has been issued to a company, a notice of impending strike-off will be placed in the CRO Gazette.
The company will be struck off the CRO register 28 days after the notice has appeared in the Gazette.
You can find further information here https://parfreymurphy.ie/cro-involuntary-strike-off-and-directors-disqualification/