Does Annual Filing required where there is a cease in business operations

Section 248 read with the Rules clearly specifies about doing annual filings in case of cease of business operations.
As per Rule 4 – Every company should adhere to section 137 and 92 and file the financial statements till it cease to carry its business operations.
Therefore, every company after ceasing the business operations, which means after the financial year in which there is no business, need not filed the financial statements and can make an application for striking off its name from the Register of Members.
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