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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