The registrar may strike a company's name off the register if the registrar has reasonable cause to believe that—
any information contained in the application for the registration of the company, or in any application for restoration of the company to the register, is misleading, false or deceptive in a material particular, or
any statement made to the registrar in connection with such an application is misleading, false or deceptive in a material particular.
In subsection (1) the reference to an application includes any documents delivered to the registrar in connection with the application.
The registrar may not exercise the power in subsection (1) unless—
the registrar has published a notice in the Gazette that, at the end of the period of 28 days beginning with the date of the notice, the name of the company mentioned in the notice will, unless cause is shown to the contrary, be struck off the register and the company will be dissolved, and
the period mentioned in paragraph (a) has expired.
If the registrar exercises the power in subsection (1), the registrar must publish a notice in the Gazette of the company's name having been struck off the register.
On the publication of the notice in the Gazette the company is dissolved.
However—
the liability (if any) of every director, managing officer or member of the company continues and may be enforced as if the company had not been dissolved, and
nothing in this section affects the power of the court to wind up a company the name of which has been struck off the register.