Winding up of a Company
Closing a company through the fast-track strike-off route or formal liquidation, chosen to match its assets, liabilities and activity status.
A company with no significant assets or liabilities and no business activity for the past two years can usually be closed through the fast-track strike-off route by filing Form STK-2 with the Registrar. Companies with pending liabilities, ongoing disputes or a need to formally realise and distribute assets instead go through voluntary liquidation under the Insolvency and Bankruptcy Code, which involves a liquidator, creditor approval and a longer timeline.
What our winding up service covers
Matching the closure route to your company's actual financial position.
- Assessing whether strike-off or formal liquidation is the appropriate route
- Clearing pending ROC filings before applying for strike-off
- Drafting board and shareholder resolutions for closure
- Filing Form STK-2 with the required indemnity and statement of accounts
- Coordinating with an insolvency professional for voluntary liquidation cases
- Obtaining the final order and closing statutory registrations
Two ways to close a company
The right route depends on assets, liabilities and activity.
Fast-Track Strike-Off
For companies with no significant assets or liabilities and no recent business activity, filed via Form STK-2.
Voluntary Liquidation
For companies needing to formally realise assets and settle creditors, conducted under the IBC through a liquidator.
Pre-Closure Cleanup
Clearing overdue annual filings and dues, a prerequisite before either closure route can begin.
Our process
From initial consultation to completion.
Eligibility Assessment
Reviewing accounts, liabilities and filing history to identify the applicable closure route.
Resolutions & Consents
Passing board and shareholder resolutions and obtaining creditor consent where relevant.
Filing
Filing Form STK-2 with supporting documents, or initiating the liquidation process with an insolvency professional.
Final Closure
Obtaining the strike-off notification or dissolution order and closing related registrations.
Why closure needs to be handled carefully
What sets our approach apart.
Pending filings block strike-off
Overdue annual returns or financial statements must generally be filed before STK-2 can be accepted.
Directors remain liable until closed
Compliance obligations and potential liabilities continue until the company is formally struck off or dissolved.
The wrong route wastes time
Attempting strike-off for a company with real liabilities typically leads to rejection and a forced move to liquidation.
Winding up of a Company questions answered
What people ask before engaging us.
Ready to close your company?
We'll assess your position and take you through the right closure route.
