There are legal benchmarks to be satisfied before any “deletion” exercise with grave implications for the affected companies and businesses can take place. Administratively, the practical challenges of following the permissible procedure under Section 289, Act 992 may have encouraged the Registrar-General to issue public notices. For clarity, the operative words of Section 289, Act 992 are as follows:Dissolution without full winding up:289. On the publication of such notice, the related companies and businesses will stand as dissolved – rendering them legally non-existent. Its advantages are enormous for national policy planning, business support planning by the government and general business regulatory regime.

Source: GhanaWeb March 30, 2021 16:52 UTC