DumDum, Kolkata,
PIN:- 700028
92295 82295
praharfiling@gmail.com
As a fellow small business owner, we know the fulfillment that an a comes from running your own business contact to Financy.
The strike-off process is a simplified and cost-effective method to close a
company that is not operational or has no plans to continue business. Once a company is
struck off, it is removed from the Register of Companies maintained by the
Registrar of Companies (ROC), making it legally dissolved.
Here’s a detailed guide to the strike-off process for companies:
A company can apply for strike-off if:
Before applying for strike-off, the company must meet the following conditions:
The process to strike off a company is as follows:
Step | Details |
---|---|
Step 1:The process to strike off a company is as follows: | The board of directors must pass a resolution for strike-off, approving the closure of the company. |
Step 2: File Application (Form STK-2) | The company must file Form STK-2 with the ROC, along with necessary documents, for the strike-off. |
Step 3: Submit Necessary Documents | Documents such as an affidavit, indemnity bond, statement of accounts, and shareholders' consent must be submitted. |
Step 4: Public Notice | The ROC will issue a public notice inviting objections from any stakeholders within 30 days of the application. |
Step 5: Strike-Off Confirmation | After verifying the application and no objections are raised, the ROC will strike off the company from the register. |
The following documents are required for the strike-off process:
The strike-off process usually takes around 6 to 12 months depending on the completeness of the documentation and verification by the ROC.
If a company continues to operate without meeting compliance requirements and without applying for strike-off, the Registrar of Companies can take the following actions:
The strike-off process is an efficient way to close down a company that is no longer operational or does not intend to continue business. It ensures that the company is legally dissolved and removed from the ROC's records, protecting the directors from future liabilities. It is essential to follow the proper procedures and submit all required documentation to avoid complications.
For assistance with the strike-off process or any company-related compliance, contact Prahar Filing & Advisory for expert guidance.
DumDum, Kolkata,
PIN:- 700028
92295 82295
praharfiling@gmail.com
As a fellow small business owner, we know the fulfillment that an a comes from running your own business contact to Financy.