Expertvuw logo

Home  /  Company Law & Secretarial Services  / Winding Up & Strike-off of Company

Winding Up & Strike Off – Expertvuw
Company Closure

Closing a Company: Strike-off, Voluntary Liquidation or Winding Up

Last updated: 2 October 2026

There are three main ways to close a company in India — each suited to a different situation. Our team helps you choose the right route, clears pending compliance and handles the filings, working with an insolvency professional where liquidation is needed.

Strike-off (STK-2)
Voluntary Liquidation
Pending Compliance Clean-up
Closure of Registrations
Send an Enquiry
See FAQs
Overview What's Covered Common Issues Related Services Documents Required Our Process After Closure
Overview

Three ways to close a company

  • Strike-off (section 248) — for a company that has not carried on business for the previous two financial years, or never started business within a year of incorporation. The company clears its liabilities, passes a special resolution and files Form STK-2 (fee ₹10,000) with an indemnity, affidavits and a statement of accounts not older than 30 days. Applications are processed centrally by C-PACE.
  • Voluntary liquidation (section 59, IBC) — for a solvent company with assets or liabilities to settle. Directors make a declaration of solvency, members pass a special resolution, and an insolvency professional acts as liquidator until the NCLT dissolves the company.
  • Winding up by the NCLT (section 271) — on specified grounds such as a special resolution, fraud or failure to file financial statements for five years. Inability to pay debts is dealt with under the IBC instead.

A company with ongoing liabilities, litigation or regulatory licences usually cannot use the strike-off route.

Based on sections 248 and 271 of the Companies Act, 2013 and section 59 of the Insolvency and Bankruptcy Code, 2016. Last updated: 27 September 2026.

Talk to Our Team →
What This Service Covers

What our company closure service covers

1

Choosing between strike-off, voluntary liquidation and NCLT winding up

2

Clearing pending ROC filings and liabilities

3

STK-2 application with indemnity, affidavits and statement of accounts

4

Coordination with the insolvency professional for voluntary liquidation

5

Closure of GST, PAN-linked registrations and bank accounts

Key facts at a glance

Section 248

Strike-off by the company

STK-2

Strike-off application; fee ₹10,000

2 years

No business in the previous two years for strike-off

C-PACE

Central centre that processes strike-off

Section 59 IBC

Voluntary liquidation of a solvent company

Section 271

Winding up by the NCLT on specified grounds

Common Issues

Where closures commonly get stuck

Most rejections are due to pending liabilities or filings.

Liabilities outstanding

Tax, loans or creditor dues still open.

Filings pending

Annual returns not filed for the years before closure.

Registrations left open

GST and other registrations not cancelled.

Related Services

Related services

Other options for inactive companies.

Dormant Company

Keep the company but pause it.

View service

Insolvency (IBC)

If the company cannot pay debts.

View service

GST Cancellation

Closing GST registration.

View service

Condonation of Delay

Clearing past filings.

View service

More in this section: Share Transfer in Private Company  ·  Appointment of Auditor & ADT-1 Filing  ·  Bonus Shares under Section 63  ·  Buy-back of Shares by Private Companies  ·  Change of Company Name  ·  INC-20A Commencement of Business

Documents Required

Documents we need from you

Company Records

  • Certificate of incorporation, MOA and AOA
  • Financial statements up to date
  • Statement of accounts not older than 30 days
  • Bank closure or nil-balance statement
  • Details of pending filings

Declarations

  • Special resolution or consent of 75% of members
  • Indemnity bond (STK-3)
  • Affidavits of directors (STK-4)
  • Declaration of solvency, for voluntary liquidation
  • No-objection from regulators, where needed
Our Process

How we close your company

1
Step 1

Route

Strike-off, liquidation or winding up chosen.

2
Step 2

Clean-up

Pending filings and liabilities cleared.

3
Step 3

Approvals

Board and member approvals.

4
Step 4

Application

STK-2 filed, or liquidation started with an insolvency professional.

5
Step 5

Follow-up

Queries answered until dissolution.

6
Step 6

Registrations

GST, bank and other registrations closed.

Talk to Our Team →
After Closure

After the company is closed

Keep records even after dissolution.

Notice

Strike-off is notified in the Official Gazette.

Records

Books and papers kept as required after dissolution.

Liability

Directors remain liable for any past wrongdoing.

Restoration

A struck-off company can be restored by the NCLT in some cases.

Get in Touch

Share your query and our team will reply during business hours.






    FAQs

    Frequently Asked Questions

    What is the easiest way to close a company in India?

    For a company with no business and no liabilities, strike-off under section 248 by filing Form STK-2.

    ₹10,000.

    No. Liabilities must be cleared first, or a liquidation route used.

    A process under section 59 of the IBC for a solvent company, run by an insolvency professional as liquidator.

    Yes, the NCLT can restore a company in certain circumstances on application.

    About Expertvuw

    Who handles your case

    CS Chetna Shoor, Company Secretary and Director, Expertvuw

    CS Chetna Shoor

    ACS – Director, Expertvuw Management Pvt Ltd

    Closure projects are handled by Expertvuw’s team. Voluntary liquidation is conducted by an independent insolvency professional, and representation before the NCLT is made through authorised professionals or advocates.

    Expertvuw Management Pvt Ltd