COMPANY STRIKE OFF
Strike off is a formal legal process through which a company’s name is removed from the records of the Registrar of Companies (ROC), resulting in the closure of the company. This process is generally adopted when a company is inactive, has completed its purpose, or when promoters decide to discontinue its operations.
It provides a compliant and structured method to legally close a company and avoid future statutory obligations and compliance burdens.
Situations for Strike Off:
No business activity being carried out
Dormant or inactive company status
Completion of project or purpose
Voluntary decision to close the company
Eligibility Conditions:
No outstanding liabilities or dues
No pending legal proceedings or litigation
No ongoing business operations
Filing of all overdue statutory returns, if applicable
Legal Procedure Includes:
Passing of board resolution and shareholder approval
Settlement and clearance of liabilities
Preparation of financial statements and supporting documents
Filing of strike off application with ROC
Publication of notices and regulatory approval process
Our Services Include:
Eligibility assessment for strike off
Assistance in clearing compliance and filing backlogs
Drafting of necessary resolutions and documents
Filing of strike off application with ROC
Coordination and liaison with regulatory authorities
Final confirmation of company removal from ROC records
A properly executed strike off ensures a clean closure of the company. Improper closure may expose directors to future legal and financial liabilities. Our service ensures a compliant, smooth, and risk-free company closure process.