Deeds Registrar Azeema Baksh has struck off 119 entities from the Register of Companies for failing to comply with the Companies Act and these include the Guyana Sugar Corporation (GuySuCo), the Guyana Oil Company Ltd, Guyana National Shipping Corporation and Guyana Stores Ltd.
This is according to the Official Gazette of November 30, 2013, which said the companies have not complied with Section 153 of the Companies Act 1991 and are in default.
They were struck off pursuant to Section 487 of the Act, which allows but does not compel the Registrar to strike a company off for failing to file documents or returns or for failing to pay fees as required under the Act.
The Registrar must send a notice advising the entity of the default and stating that unless the default is remedied within 28 days they will be struck off.
