Shut down your defunct or inactive Private Limited Company legally with the Fast Track Exit (FTE) mode. Filing Form STK-2 ensures your company name is removed from the ROC register without future liabilities.
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Strike Off is a process under Section 248 of the Companies Act, 2013, where a company can apply to the Registrar of Companies (ROC) to remove its name from the register of companies. This is typically done when a company has been inactive for a period of two years or more.
Once struck off, the company is dissolved, and there is no need to file annual returns or maintain records.
Inactive companies attract heavy penalties for non-filing. Strike off puts an end to accumulating fines.
Directors are relieved from the risk of disqualification due to non-compliance of the dormant company.
It allows entrepreneurs to officially close a failed venture and start fresh without past baggage.
Pay off all debts and liabilities. Close the company bank account.
Get a statement of accounts prepared, showing zero assets and liabilities, certified by a CA.
File the application for strike off (Form STK-2) with the ROC along with documents.
ROC publishes a public notice. If no objections are received, the company is dissolved.
We provide a dedicated Startup Advisor, monthly compliance status reports, and ensure 100% accurate filing at the lowest fees in the market.
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