Strike Off vs Liquidation 

What is the difference between strike off and liquidation?  

Strike – Off 

Liquidation 

The Company can be restored following an application to the Court 

Company is permanently deleted 

No Court involvement 

Final Order is issued by the Court 

Easiest and cheapest method 

Complex and costly method 

It takes 4-9 months to be completed 

It takes a year or more to be completed depending on the case 

A liquidator is not appointed 

One or more liquidator(s) is/(are) appointed 

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