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Company Closure
3 Step Process!
Fill The Form
Just fill the form!
Call To Discuss
Our experts will guide you!
Get Appointment Done
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Fill The Form
Just fill the form!
Call To Discuss
Our experts will guide you!
Get Appointment Done
All Set, you're good to go!
Overview
Company closure is the official procedure of dissolving a private limited company, which can happen either voluntarily by its members or through a directive from a legal tribunal. It ensures that the company is struck off from the register of the Ministry of Corporate Affairs (MCA) and ceases all business operations legally and financially. Voluntary winding up is governed by the Companies Act, 2013 and applicable MCA rules. Types of Company Closures: Voluntary Strike Off (Fast Track Exit) – Applied when the company has no liabilities and hasn’t carried out any business for the last two financial years. Compulsory Winding Up – Ordered by the tribunal due to fraud, default, or legal disputes. Voluntary Liquidation – Initiated by shareholders when the company has assets and liabilities that must be settled.
Documents Required
Below are the documents required for registration
Company Documents
All Directors
Eligibility Criteria
Below are the Eligibility Criteria for Service
Complete
Process
From start to end our team provide you complete guidance and support tailored for your needs.
Board Meeting and Resolution
What Happens
Pass a board resolution for voluntary closure and authorize a director to file the necessary documents.
How Founders First Helps
We help draft board resolutions, meeting notices, and ensure all legal requirements are met for valid board approval.
Consent from Shareholders
What Happens
Secure approval from a minimum of 75% of shareholders by passing a special resolution.
How Founders First Helps
We prepare shareholder resolution formats and guide you on obtaining digital or physical signatures compliantly.
Prepare Statement of Accounts
What Happens
Prepare a final financial statement (not older than 30 days) showing zero assets and liabilities.
How Founders First Helps
We work with your CA to format and finalize MCA-compliant financial statements for submission.
Prepare Affidavit and Indemnity Bond
What Happens
All directors must sign a notarized affidavit and indemnity bond affirming the closure conditions.
How Founders First Helps
We draft and coordinate notarization of director affidavits and indemnity documents across states.
File Form STK-2 with MCA
What Happens
Submit the strike-off application (Form STK-2) along with the necessary documents and prescribed fees.
How Founders First Helps
We complete Form STK-2, validate attachments, use DSCs, and submit to the MCA with status tracking.
MCA Review and Striking Off
What Happens
The Registrar will review and publish a public notice. If no objections are raised, the company name will be officially struck off.
How Founders First Helps
We monitor the application status, handle MCA queries if any, and share the final closure notification for your records.
Why Founders Choose Us!
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Registering your company shouldn't be overwhelming. At Founders First, we simplify, support, and strengthen your journey from idea to legal entity.
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Frequently Asked Questions
Get answers to the most common questions about our services.
It refers to the legal process of shutting down a registered company so it no longer exists on government records.