Company Closure – Hassle-Free Strike Off & Legal Exit

Close your company legally and avoid future penalties.

Frequently Asked Questions

Businesses That Are Inactive or Non-Operational

Companies that have ceased operations and generate no revenue but remain legally registered.

Early-stage ventures that stopped functioning due to financial, strategic, or operational challenges.

Organizations that do not hold assets, debts, or ongoing financial obligations.

Business owners seeking to eliminate recurring statutory filings and maintenance expenses.

Companies intending to restructure operations or formally exit the business framework.

Eligibility Criteria

No outstanding liabilities

No ongoing legal cases

All ROC compliances up to date

Bank accounts closed

Consent from shareholders/directors

Documents Required

PAN & Incorporation Certificate

1.

Board Resolution for closure

2.

Indemnity Bond (STK-3)

3.

Affidavit (STK-4)

4.

Statement of Accounts (certified)

5.

Bank Account Closure Proof

6.

NOC from creditors (if any)

7.

Step-by-Step Process

Board Resolution Passing

01

Clear Liabilities & Close Bank Accounts

02

Prepare Documents (STK-2 Form)

03

File Application with MCA

04

Verification by ROC

05

Strike Off Notification Published

06

Company Status: Closed

07

Estimated Timeline 10–15
working days

Government Fees Varies by authorised capital (starts at ₹500)

Penalty & Non-Compliance Risks

Continuous ROC penalties

Late filing fees accumulation

Director disqualification

Legal notices from MCA

Financial and compliance burden

Compliance Checklist

01

Clear all dues and liabilities

02

File pending ROC returns

03

Maintain closure records

04

Close GST registration

05

Close GST registration

06

Ensure no pending litigation

Frequently Asked Questions

What is strike off?

Removal of company name from MCA register.

No, liabilities must be cleared first.

Typically 2–3 months.

Yes, mandatory.

Yes, under certain legal conditions.

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Ready to Get Started?

Let SASA Corporate Solutions handle your compliance. Focus on growing your business.