Company Closure & Strike-off
When a company has served its purpose or become dormant, closing it properly ends the compliance burden for good. Simply stopping operations does not — the annual filings keep falling due, and penalties and director disqualification can follow a company that is neither running nor closed.
The common route for an eligible dormant company is a strike-off via Form STK-2; larger or solvent-wind-down situations use voluntary liquidation. Each has conditions to satisfy first.
Key features and requirements
- Strike-off via Form STK-2 for eligible, largely dormant companies
- Voluntary liquidation for solvent wind-downs
- Clearing all liabilities and closing bank accounts first
- Filing pending returns up to closure
- Board and shareholder approvals
- Alternative: applying for dormant status if closure is premature
How TaxSastra handles this
We assess the right exit route, clear the prerequisites (pending filings, liabilities, approvals), and file the closure — so the company is properly struck off and the compliance clock finally stops.
What’s included
- Eligibility assessment for strike-off
- Clearing pending ROC and tax filings
- Board and shareholder approvals
- STK-2 strike-off filing
- Voluntary liquidation support where applicable
- Guidance on dormant-status as an alternative