Closure Framework
Voluntary Exit Mechanism
Winding down an OPC requires a formal process to ensure all liabilities are settled and the entity is removed from MCA records:
- Eligibility Check: Ensuring the OPC has had no business activity for at least one year.
- Liability Clearance: Preparing a Statement of Accounts verified by a Chartered Accountant.
- Statutory Filing: Professional handling of Form STK-2 for the strike-off application.
- Indemnity & Affidavits: Drafting the mandatory Indemnity Bond and Affidavits from the director.
- Closure Confirmation: Monitoring the MCA portal until the status changes to "Struck Off".
Why Dissolve Voluntarily?
Stopping the Compliance Clock
Maintaining a dormant OPC is an expensive endeavor. Between annual filings (AOC-4, MGT-7A), auditor fees, and mandatory KYC updates, the costs add up quickly. By opting for a voluntary strike off, you permanently end these financial obligations and avoid the risk of heavy penalties or director disqualification for non-compliance. Our team handles the end-to-end dissolution so you can move forward without legal loose ends.