Section 551. Notice of intention to strike off company

(1) Before the name of a company can be struck off from the register under section 549, the Registrar may serve on the company or the liquidator, a notice, stating that if an answer showing cause to the contrary is not received within thirty days from the date of the notice, a notification to the public will be published in the manner determined by the Registrar, with a view to striking the name of the company off the register.

(2) The Registrar may strike the name of the company off the register after the expiration of thirty days of the publication of the notification in subsection (1) if he—

(a) receives a confirmation that the company is no longer carrying on business or is not in operation;

(b) receives no reply from the company to the notice referred to in subsection (1);

(c) receives no objection to the notice and public notification referred to in subsection (1); or

(d) is not satisfied with the reasons as to why the company should not be struck off.

(3) The Registrar shall publish the name of the company which has been struck off in the Gazette and upon publication in the Gazette, the company shall be dissolved.

(4) A notice to be sent under this section to a liquidator may be addressed to the liquidator at his last known place of business, and a letter or notice to be sent under this section to a company may be addressed to the company at its registered office or, if no office has been registered, to an officer of the company, or if there is no officer of the company whose name and address are known to the Registrar, may be sent to each of the persons who formed the company, addressed to him at the last known address.