Disclosure Requirement as per MCA for Struck-Off Companies
You must be aware that Revised Schedule III of the Companies Act, 2013
(Notification dated 24 March 2021) is applicable for financial statements
prepared from FY 2021-22 onwards. Among other things, it is mandatory for a
company to disclose the prescribed details, if it has any transactions with
companies struck off under section 248 or 560 o f the Companies Act, 2013.
Following transactions are covered,
Receivables
Payables
Investments in securities
Shares held by a stuck-off company
Others (to be specified)