Registrar of companies warns 500,000 businesses, 5,000 companies risk delisting by end of 2024
The Office of the Registrar of Companies (ORC) has announced that by December 2024, approximately 500,000 business names and 5,000 companies are at risk of being removed from its official register due to non-compliance with annual filing requirements. Despite being granted a one-year extension and receiving continuous reminders, many businesses and professional entities have failed…