🧾 What is Company Closure (Strike Off)?

When a company is not carrying on any business or has become inactive, it may choose to close its legal existence by applying for strike-off with the Registrar of Companies (ROC).

This is done through Form STK-2 under the Companies Act, 2013. Once approved, the company name is officially removed from the MCA database.

Common reasons for strike-off:

  • Business is no longer viable
  • No transactions since incorporation
  • Voluntary closure after project completion
  • Dormant status for more than 2 years

✅ Who Can Apply for Strike Off?

  • Private Limited Companies with no liabilities and no active operations
  • OPCs wishing to close voluntarily
  • Companies with no pending litigations or ROC filings
  • Shareholders holding 75% voting power must approve the closure

❗ Strike-off cannot be filed if the company:

  • Has outstanding statutory dues
  • Has ongoing legal proceedings
  • Has not filed returns up to the current financial year

📑 Documents Required

  • Board Resolution
  • Consent of Directors and Shareholders
  • Indemnity Bond and Affidavit (STK format)
  • Statement of Assets and Liabilities (CA Certified)
  • PAN and Certificate of Incorporation
  • No Objection Certificate (if required from creditors)
  • Bank Closure Certificate (if available)
  • Latest ITR or Nil Return (if any)

🛠️ Services Included

  • Eligibility check for strike-off
  • Preparation of STK-2 and attachments
  • CA-certified financial statement
  • Drafting of resolutions and affidavits
  • Filing with ROC and tracking of approval
  • Post-closure MCA compliance advisory

📋 Timeline

Task Duration
Document Collection & Drafting 2–3 Working Days
Filing of STK-2 Within 1 Day post docs
ROC Processing 30–90 Days (based on state)

💡 Why Choose SITPakz Solution (SSPL)?

  • ✅ End-to-end legal and filing support
  • 🧾 Formats and resolutions by experts
  • 🧑‍💼 Assisted by CA & ROC professionals
  • 🔐 Data confidentiality assured
  • 📌 Post-closure documentation archive support

💬 Frequently Asked Questions (FAQs)

Q. Can a company with GST or bank account apply for strike-off?
➡️ No. These must be closed or surrendered first.

Q. Is strike-off the same as winding up?
➡️ No. Winding up is court-supervised; strike-off is voluntary and administrative.

Q. What happens after the company is struck off?
➡️ The company ceases to exist legally. Business cannot be resumed.

Q. What is the cost involved?
➡️ ROC fee for STK-2 is ₹10,000. Additional charges may apply for affidavit, CA certification, etc.