Fast-Track Closure Process
Exiting the Corporate Registry
Closing a company requires precise documentation to ensure all regulatory ties are severed correctly:
- Dormancy Verification: Confirming the company hasn't commenced business or has been inactive for 2 years.
- Board & Shareholder Consent: Drafting resolutions and obtaining the requisite 75% member approval.
- STK-2 Filing: Professional preparation and submission of the strike-off application to the MCA.
- Financial Settlement: Preparing the final Statement of Accounts and settling all outstanding liabilities.
- Legal Paperwork: Drafting Indemnity Bonds (STK-3) and Affidavits (STK-4) from all directors.
The Compliance Benefit
Stopping Financial Leakage
Maintaining a non-functional Private Limited Company is often a financial drain. From annual audits and ROC filings to mandatory director KYCs and registered office maintenance, the costs can reach tens of thousands annually. A voluntary strike off (Fast Track Exit) allows promoters to close the business without the lengthy process of formal liquidation, provided all statutory dues are clear. Our team ensures a clean exit, protecting directors from future disqualification.