Application requirements for striking-off from subsidiary companies owned by a Private Company

Subsidiary companies may submit applications for striking-off upon fulfilling the following requirements:

1. In case of a wholly-owned subsidiary, a letter of consent from the holding company is required to be attached with the application. This letter of consent must be signed by the director of the holding company. In addition, the letter of consent must also be printed on the holding company's letterhead.


2. In case where the company is co-owned by other shareholders, letters of consent from all shareholders are required to be attached to the application. The letters of consent must be signed, dated and bear the signature of the shareholders. Where any of the shareholders is a company, the letter of consent must be printed on the company's letterhead.


3. The holding and subsidiary company must declare that it is not subject to or involved in any investigation or prosecution by any authority to the best knowledge of the director/shareholder signing the application for striking-off or the director/shareholder signing the consent letter.

More information :

1. Section 549 to Section 550 Companies Act 2016
2. Guidelines on Application by Directors or Members to Strike Off the Name of a Company Under Section 550 of the Companies Act 2016
3. Form - Section 550 Application to Strike Off Company
4. Checklist for Enclosures