Following companies cannot apply for the Scheme: 1) Companies against which action for final notice for striking of the name u/s 248 of the Act has already been initiated by the designated authority (However, these companies can apply for revival and then can take the benefits of the Scheme); 2) Companies that have already applied for the action of striking off the name of the Company from the Register of Companies; 3) Companies which have amalgamated under a Scheme of arrangement or compromise under the Act; 4) Companies that have already applied for obtaining dormant status u/s 455 of the CA,2013 before the Scheme; 5) Vanishing companies; 6) Companies that have appealed against any prosecution launched for imposing penalties (Provided that if the company withdraws the appeal, they can avail the benefits of the Scheme post-withdrawal of appeal).