Section 132 : Cancellation of registration of company
1) Upon receipt by the Office of a report on the liquidation of a company pursuant to Clause (f) of Sub-section (2) of Section 131, the Office shall strike the name of the company off the company register and issue an order that the registration of the company has been canceled.

2) After the issue of an order on the cancellation of registration of a company pursuant to Sub-section (1), the Office shall strike the name of such company off the company register and publish in a national daily newspaper a notice that such company has been dissolved.

3) Notwithstanding contained anything in this section, liquidator appointed as per insolvency Act, 2063, shall send to the office regarding the information completion of cancellation process of the cancel such company.

4) Upon receiving the information pursuant to Sub-section (3) the office, shall keep record of cancellation such company and after such record the company shall deemed to be cancelled .