Company Closure & Strike Off
Close a company you no longer need, clearing pending filings and applying for removal from the register.
A company that has stopped trading does not stop being a company. Its annual filings remain due, the per-day penalties keep accruing, and its directors remain exposed to disqualification. Closing it formally is usually far cheaper than letting it drift.
For a company with no assets or liabilities to speak of, the practical route is a voluntary application to strike the name off the register under Section 248 of the Companies Act, using Form STK-2.
What this costs
Basic
₹15,104 plus GST
- Winding Up - Account Finalization
- Winding Up Drafting
- Winding up Filing
- ITR - 6 Filing
When strike off is available
- The company has not commenced business within one year of incorporation, or
- It has not carried on any business for the two immediately preceding financial years
- All liabilities have been settled and there are no outstanding dues
- The bank account has been closed and a certificate obtained
- All overdue annual filings are brought up to date before applying
- Seventy-five per cent of members by paid-up capital approve by special resolution
When strike off is not available
The Registrar will not strike off a company in certain situations, and applying regardless simply wastes the fee.
- Any prosecution, inspection or investigation is pending
- There is an application pending for compounding of an offence
- The company has outstanding public deposits or is in default on them
- There are charges registered and not satisfied
- The company is listed, or has been delisted for non-compliance
- Assets or liabilities remain undisposed of
Strike off, dormant status, or winding up
Strike off suits a company with nothing left in it that you do not expect to revive. Dormant status under Section 455 is the better option where you want to preserve the name and the entity for future use with minimal compliance.
Winding up through the tribunal is a different and far heavier process, applicable where there are creditors to be paid or assets to be realised and distributed. Most small companies do not need it.
How we handle it
- 1 Assessing eligibility We check whether strike off is actually available to you, or whether dormant status or winding up is the correct route.
- 2 Clearing the backlog Overdue annual returns and financial statements are filed, since the Registrar will not consider an application from a defaulting company.
- 3 Settling and closing Remaining liabilities are settled, charges satisfied and the bank account closed with a certificate obtained.
- 4 Resolutions and affidavits The board and members’ resolutions are passed, and the indemnity bonds and affidavits executed by every director.
- 5 Filing STK-2 The application is filed with the certified statement of accounts and the prescribed government fee.
- 6 Publication and striking off The Registrar publishes a notice inviting objections and, if none succeed, strikes the name from the register.
Frequently asked questions
Can I just stop filing and let the company lapse?
It is the most expensive option. Penalties accrue per day, and directors face disqualification for five years where filings are missed for three consecutive years — which affects every other board they sit on.
Do I need to clear old filings before applying?
Yes. The Registrar will not entertain a strike off application from a company with overdue annual filings. Bringing them up to date is the first step.
What is the difference between strike off and winding up?
Strike off is an administrative removal for a company with no assets or liabilities. Winding up is a formal process through the tribunal where assets must be realised and creditors paid.
Can a struck-off company be revived?
Yes, by appeal to the National Company Law Tribunal within the period allowed. It is expensive and slow, so closure should be a considered decision.
Should I consider dormant status instead?
If you may want the company later, yes. Dormant status under Section 455 preserves the entity and the name with much lighter compliance than an active company.
What is not included. Government fees, statutory charges, stamp duty, court and registry fees, digital signature costs and any third-party professional charges are separate and payable at actuals. GST applies on professional fees where indicated. Prices shown are indicative and may change without notice; we confirm the total in writing before any work begins — see our terms on pricing.
Talk to us about Company Closure & Strike Off
Share your requirement and our team will confirm the documents needed, the exact charges and a realistic timeline — usually the same working day.
- Expert document checking before submission
- Regular status updates on WhatsApp
- Transparent professional charges
- Assistance in Marathi & English
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