The ending of a business entity, for example the breaking up of a partnership on the death of one of the partners. In the case of a registered company this may be achieved on the completion of a liquidation or by the Registrar of Companies striking it off the companies register as ‘defunct’. The latter will occur generally because there is reason to believe that the company is no longer carrying on business or it has failed to file accounts. Directors of a company can likewise apply to the Registrar of Companies to have it struck off. The company can be restored to the register on application by petition and payment of the relevant fee.