Section 549
Power of Registrar to strike off company
Notwithstanding any provision in this Act, the Registrar may strike a company off the register, if—
(a)
the company is not carrying on business or is not in operation;
(b)
the company has contravened this Act;
(c)
the company is being used for unlawful purposes or any purpose prejudicial to or incompatible with peace, welfare,
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security, public interest, public order, good order or morality in Malaysia;
(d)
in any case where the company is being wound up and the
Registrar has reasonable cause to believe that—
(i)
no liquidator is acting;
(ii)
the affairs of the company are fully wound up and for a period of six months the liquidator has been in default in lodging any return required to be made by him; or
(iii)
the affairs of the company has been fully wound up under a winding up by the Court and there are no assets or the assets available are not sufficient to pay the costs of obtaining an order of the Court dissolving the company.