Company Closure

When a company is incorporated, the Registrar of Companies issues a Certificate of Incorporation confirming its legal existence. If the business is no longer active or viable, the company must be formally closed through the proper legal process to avoid future liabilities.

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What is Company Closure?

Company closure, also known as strike-off, refers to the removal of a company’s name from the Register of Companies by the Registrar. Once struck off, the company legally ceases to exist and can no longer carry out any business activities.

Typically, the dissolution process takes around 3 months, though it may vary based on documentation and regulatory checks. Companies may also choose the Fast Track Exit (FTE) method for a quicker strike-off, provided they meet the eligibility criteria.

Step-by-Step Company Closure

From document collection to final approval — every step made simple and transparent.

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Eligibility Check

We first verify whether your company qualifies for strike-off under Section 248 of the Companies Act.

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Document Review

Our team reviews and validates all required documents to ensure accuracy and compliance.

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Filing Strike-Off Application

We prepare and submit the strike-off application (Form STK-2) along with necessary attachments to the ROC.

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ROC Processing & Verification

The Registrar reviews the application, checks compliance, and may request clarifications if needed.

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Company Officially Marked for Strike-Off

Once approved, the company enters the strike-off process and moves toward dissolution as per ROC norms.

Conditions When a Company Cannot Apply for Strike-Off

A company is not eligible for strike-off in the following situations:

  • The company was incorporated after 2nd November 2018 and has not filed Form 20A (Commencement of Business).
  • One year has not passed since its date of incorporation.
  • The company has had business transactions or operational activity in the last 1–2 years.
  • The DIN (Director Identification Number) of any director is deactivated.
  • Any director is disqualified under the Companies Act.
  • The company has received a strike-off notice from the ROC.
  • There are ongoing legal proceedings or pending litigation involving the company.
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