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Company Changes & Closure

Close your Private Limited Company the right way

Close an inactive or unwanted private company and remove it from MCA records.

  • Companies that never started business
  • Companies with no business activity for two years or more
  • Founders who have moved on to a different venture
  • Companies wanting to avoid ongoing compliance costs
3–6 months, depending on ROC processing Hassle-free process Dedicated expert

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Private Limited Company Winding Up

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Overview

What is Private Limited Company Winding Up?

An inactive company still has annual compliance, and missed filings lead to penalties and director disqualification. If the company is no longer needed, a formal closure is the cleaner option.

The most common route is a strike-off application under Section 248(2) of the Companies Act, 2013, filed in Form STK-2. Solvent companies with assets can also choose voluntary liquidation under the Insolvency and Bankruptcy Code. We recommend the right route and complete the process.

Who is this for?

  • Companies that never started business
  • Companies with no business activity for two years or more
  • Founders who have moved on to a different venture
  • Companies wanting to avoid ongoing compliance costs

Unsure if this is right for you? Ask an expert

Benefits

Why get Private Limited Company Winding Up done right

01

Right route

We advise on strike-off versus voluntary liquidation for your situation.

02

Compliance clean-up

We help complete pending filings needed before closure.

03

Complete documents

Indemnity bonds, affidavits and statements of accounts are prepared.

04

Avoid penalties

Formal closure ends future filing obligations and related penalties.

05

Protect directors

Proper closure reduces the risk of director disqualification.

Documents required

Keep these handy

Exact requirements vary case to case. Your expert shares a personalised checklist on your first call and checks everything before filing.

Certificate of Incorporation, MOA and AOA
Board resolution and special resolution (or consent of 75% of members by paid-up capital)
Statement of accounts certified by a Chartered Accountant, not older than 30 days
Indemnity bond from directors (Form STK-3)
Affidavit from directors (Form STK-4)
Bank account closure certificate
PAN card of the company
DSC of a director

Process

How we get it done

A clear, step-by-step process with updates at every stage. Indicative timeline: 3–6 months, depending on ROC processing, subject to processing by the authority.

    1

    Review status

    We check pending filings, liabilities and bank accounts.

    2

    Settle and close

    Liabilities are cleared, pending returns filed and the bank account closed.

    3

    Pass resolutions

    The board and shareholders approve the closure.

    4

    File STK-2

    We file the strike-off application with the required attachments.

    5

    Strike off notice

    The ROC issues a public notice and later strikes off the company's name.

FAQ

Private Limited Company Winding Up: common questions

Can't find what you're looking for? Book a free consultation and ask an expert directly.

A company that has not started business within a year of incorporation, or has not carried on business for two years, and has no liabilities.

Not sure where to start?

Talk to an expert for free. We'll tell you exactly what you need, and what it costs, before you commit.

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