CHG-04 · Changes & closure
Company Strike Off
Close a dormant company cleanly instead of letting penalties accumulate.
- Professional fee from
- ₹9,999
- Timeline
- 3–6 months
- Governed by
- Companies Act, 2013 · s.248
Professional fee. MCA fee of ₹10,000 billed at cost.
Best suited to
Companies that have stopped trading and have no assets or liabilities
Overview
An unused company does not go away quietly. Annual filing penalties keep accruing at ₹100 per day per form, and after two years of non-filing the directors are disqualified for five years — which blocks them from being a director anywhere else.
Striking off under section 248(2) needs all pending returns filed up to the date of cessation, all liabilities settled, bank accounts closed, and an indemnity bond and affidavit from every director. It is more work than people expect, but it ends the exposure.
What is included
- Pending ROC filings brought up to date
- Statement of accounts prepared
- Indemnity bonds and affidavits drafted
- STK-2 filing and follow-up
- Gazette notification tracked to closure
Documents you need
- 01Bank account closure certificate
- 02Statement of accounts not older than 30 days, certified by a CA
- 03Indemnity bond in Form STK-3 from every director
- 04Affidavit in Form STK-4 from every director
- 05Special resolution or consent of 75 per cent of members
How the filing runs
- Month 1
Backlog cleared
Outstanding annual filings completed — the application is rejected without this.
- Month 1–2
Documents executed
Bank closed, accounts certified, bonds and affidavits notarised.
- Month 2
STK-2 filed
Application filed with the Registrar.
- Month 4–6
Struck off
Name published in the Gazette and removed from the register.
Questions about company strike off
01Can I just stop filing and let it lapse?
No. The Registrar may strike the company off on its own, but the directors still face disqualification under section 164(2), and that follows them personally for five years.
02What if the company still has a loan outstanding?
Strike off is not available while liabilities exist. The debt must be settled or the company must go through liquidation instead.
Tell us what the business does. We will tell you what it needs.
A 15-minute call with a Chartered Accountant or Company Secretary, at no cost, before you commit to anything.