Company Closure (Strike Off) Services
Close Your Company Legally & Hassle-Free. Fast, compliant & cost-effective business closure with end-to-end STK-2 support from S.K. Agrawal & Co.
- Company Strike Off (STK-2)
- ROC Filing & Documentation
- Pre-Closure Compliance Support
- Legal Advisory & Risk Assessment
What is Company Strike Off?
Company strike off is a legal process under Sections 248–252 of the Companies Act, 2013 for removing a company’s name from the Register of Companies (ROC), effectively closing the business. Applications are processed by C-PACE (Centre for Processing Accelerated Corporate Exit), the dedicated centralised authority set up by MCA in April 2023.
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Company ceases to exist as a legal entity upon dissolution
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No further annual ROC compliance or penalties after dissolution
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Simpler, faster & more cost-effective than winding up or liquidation
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Can be voluntary (by company) or compulsory (suo-moto by ROC)
Who Should Opt for Strike Off?
Strike off is the simplest and most cost-effective closure route for companies that are no longer operational and have no outstanding liabilities.
Inactive / Non-Operating Companies
Companies that have not carried on any business or operation for two or more consecutive financial years.
Startups That Did Not Launch
Companies incorporated but failed to commence business within one year of incorporation — a common ground for strike off under Section 248.
Dormant Companies
Companies that have not made any significant transactions and have no assets, liabilities, or ongoing business, and wish to close formally.
Family / Holding Companies
Shell or holding entities that have served their purpose and are no longer required by the group’s restructured ownership.
Cost-Reduction Driven Closures
Businesses looking to eliminate recurring compliance costs — annual ROC filings, audit fees, and director KYC obligations — for non-operational entities.
Eligibility for Strike Off
Not every company qualifies for voluntary strike off. Understanding the conditions before applying is essential to avoid rejection.
Companies That Can Apply
- No business activity for the last two financial years
- Failed to commence business within one year of incorporation
- All outstanding liabilities have been extinguished
- No pending litigation or legal proceedings
- All overdue ROC returns (AOC-4, MGT-7) have been filed
- Bank accounts have been closed
- Special resolution passed by 75% of members in paid-up capital
- No name change or office relocation in the last 3 months
Companies NOT Eligible
- Listed companies or those recently delisted
- Companies under inspection, investigation, or prosecution
- Companies with pending charges or outstanding liabilities
- Vanishing companies flagged by MCA
- Section-8 (not-for-profit) companies
- Companies that have accepted public deposits
- Companies with significant reserves — voluntary liquidation under IBC may apply instead
- Companies regulated under other specific laws (e.g. Chit Fund companies)
Our Company Closure Services
Complete end-to-end support — from eligibility assessment to final dissolution confirmation.
Strike Off Application (STK-2)
- Preparation & filing of E-form STK-2 with C-PACE
- Drafting Board Resolution authorising strike off
- Special Resolution drafting & MGT-14 filing
- Indemnity Bonds (STK-3) & Director Affidavits (STK-4)
- Statement of Accounts (STK-8) certified by CA
Pre-Closure Compliance
- Filing all pending AOC-4 & MGT-7 returns
- Financial statement preparation for STK-8
- Bank account closure assistance
- GST registration surrender support
- Income Tax return filing assistance (if pending)
Legal Advisory
- Eligibility assessment before filing
- Risk analysis — liability exposure post-closure
- Alternative options — dormant status or IBC liquidation
- Foreign director notarisation / apostille guidance
- Director obligations after dissolution
Documentation & MCA Filing
- Complete document preparation & review
- MCA portal filing & fee payment (Rs. 10,000)
- Stamp duty co-ordination on affidavits & bonds
- ROC query responses & follow-ups
Post-Closure Support
- Public notice tracking (STK-6 publication)
- Final dissolution notice monitoring (STK-7)
- Official Gazette publication confirmation
- Legal guidance on post-dissolution obligations
Strike Off in 5 Steps
Our expert team manages every step — from eligibility check to the final Official Gazette notification.
Eligibility Check
Review company status, compliance history, liabilities & applicable ground under Sec. 248
Documentation
Board & special resolutions, affidavits (STK-4), indemnity bonds (STK-3), accounts (STK-8)
Filing STK-2
E-form STK-2 submitted to C-PACE on MCA portal with Rs. 10,000 fee & all attachments
Public Notice
ROC issues STK-6 notice inviting objections for 30 days via Official Gazette & newspaper
Dissolution (STK-7)
ROC publishes final notice in Official Gazette — company dissolved from date of publication
Documents Required for STK-2 Filing
All documents must be in order before submission. Defects or missing attachments will cause ROC to raise objections and delay closure.
Resolution & Board Documents
- Board Resolution authorising strike off
- Special Resolution (75% member consent) — certified true copy signed by each director
- E-form MGT-14 filed within 30 days of passing resolution
Director Documents
- Indemnity Bond — Form STK-3 (notarised, by each director individually)
- Affidavit — Form STK-4 (separate affidavit by every director)
- PAN & Aadhaar card of all directors
- For foreign directors: apostilled / notarised documents
Financial & Statutory Documents
- Statement of accounts (STK-8) — not older than 30 days, CA certified
- Bank account closure certificate
- Acknowledgement of last ITR filed
- Statement concerning any pending litigation
- NOC from regulatory authority (if applicable)
STK Forms at a Glance
The Companies (Removal of Names) Rules, 2016 prescribe a series of STK forms used throughout the strike off process.
Expected Timeline for Closure
Total closure typically takes 3 to 6 months from the date of STK-2 filing, subject to ROC processing and objection period.
Documentation & Filing
7 to 10 working days to prepare and file STK-2 with all attachments
Public Notice Period
ROC issues STK-6 notice — 30-day objection window from publication date
ROC Verification
C-PACE scrutinises application and processes documents — typically 2 to 3 months
Final Dissolution
STK-7 published in Official Gazette — company dissolved. Total: 3 to 6 months
Key Considerations Before Filing
Important facts every company must understand before initiating the strike off process.
Why Choose S.K. Agrawal & Co.?
Expert Company Law & ROC Team
Smooth & Hassle-Free Closure
End-to-End Documentation Support
Timely Execution & Follow-ups
Trusted by Startups & Corporates
Our Service Coverage
Based in Delhi & Faridabad, we serve companies across India with company closure and ROC compliance services.
Close Your Company with Confidence
Avoid future compliance risks, director disqualification, and accumulated penalties. Get a FREE Eligibility Check today.
Frequently Asked Questions
Company strike off is the legal process of removing a company’s name from the Register of Companies, effectively closing it down. It is governed by Sections 248 to 252 of the Companies Act, 2013 and the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016. Applications are processed by C-PACE (Centre for Processing Accelerated Corporate Exit), the centralised MCA authority set up in April 2023.
Documentation preparation and STK-2 filing typically takes 7 to 10 working days. After filing, C-PACE/ROC issues a public notice for a 30-day objection period. If no objections are raised, the ROC proceeds to dissolution. The total process from filing to final STK-7 publication in the Official Gazette typically takes 3 to 6 months.
No. Under Section 248(2) of the Companies Act, a company must extinguish all its liabilities before filing Form STK-2. This includes clearing all debts, closing bank accounts, and settling any financial obligations. Companies with substantial reserves or assets that cannot be simply distributed may need to consider voluntary liquidation under the Insolvency and Bankruptcy Code (IBC) instead.
Yes. STK-2 cannot be filed unless all overdue AOC-4 (financial statements) and MGT-7 (annual returns) have been filed up to the end of the financial year in which the company ceased business operations. This is a mandatory pre-condition under the Companies (Removal of Names) Rules, 2016. We assist with filing all pending returns as part of our pre-closure compliance service.
Form STK-2 is the voluntary application filed by a company under Section 248(2) of the Companies Act, 2013 to remove its name from the Register of Companies. The prescribed government challan for filing STK-2 is Rs. 10,000. The form must be accompanied by attachments including the special resolution, STK-3 indemnity bonds, STK-4 affidavits, STK-8 statement of accounts, and bank closure certificate.
Yes. The ROC/C-PACE will raise defects or reject the application if eligibility conditions are not met, required documents are missing or defective, objections are received during the public notice period, or the company is found to be ineligible (e.g. pending litigation, listed status, or outstanding liabilities). Our team ensures complete documentation to minimise the risk of rejection.
No. Strike off is simpler, faster, and significantly more cost-effective than winding up or liquidation. It is designed for inactive companies with no assets, liabilities, or pending business. Winding up (under the Companies Act or IBC) is a more complex court or tribunal-driven process intended for companies with assets to distribute or debts to settle. For eligible companies, strike off is the recommended route.
Yes, in part. Upon dissolution, the company ceases to exist as a legal entity. However, directors, officers, and members continue to remain personally liable for any obligations that may arise against the company post-dissolution, as if the company had not been dissolved. Any undistributed assets also vest with the Government. This is why a thorough pre-closure compliance and liability clearance review is critical.