Company Strike-Off (STK-2) — Close a Company in India
Corporate Compliance
Company Strike-Off (STK-2) — Close a Company in India
If a company is no longer active, you can close it formally through a strike-off with the Registrar. In short, filing STK-2 removes the company name from the register and ends your yearly filings. However, an idle company that is not closed keeps piling up penalties. Therefore, Prospect Legal checks eligibility, clears the papers, and files the strike-off. As a result, you stop future compliance and close cleanly.
STK-2
Closure Form
Stop
Yearly Filings
Clean
Exit on Record
End-to-End
Check to Close
Close It The Clean Way
What is a company strike-off, and when do you need it?
A strike-off removes a company’s name from the Registrar’s records. Simply put, it is a formal, low-cost way to close a company that no longer trades. Therefore, your yearly filing duties end. Above all, it is cleaner than leaving the company idle.
You need it when a company has stopped or never started. First, the company should have no ongoing business. Next, it must clear dues and close its bank accounts. Also, the members approve the closure. Because an idle company still owes filings and penalties, a timely strike-off saves money.
Documents required for a company strike-off
You need only a few papers to start. Also, our team checks each one before filing. As a result, the closure records cleanly. Here is the full list:
- Board and member resolutions for closure
- A statement of assets and liabilities
- An affidavit and indemnity from the directors
- Proof that the bank accounts are closed
- Details of pending dues, if any
- A signed authority letting us file for you
How a strike-off works — step by step
The process is simple when an expert guides you. Moreover, Prospect Legal handles every step on your behalf. Here is how it works:
Step 1 — Check eligibility
First, we confirm the company can be struck off and note any pending filing. Because eligibility comes first, this step leads.
Step 2 — Clear the papers
Next, we prepare the resolutions, affidavits, and statements. Therefore, the record is complete.
Step 3 — File STK-2
Then, we file the strike-off with the ROC. In addition, we track the process.
Step 4 — Confirm closure
Finally, the ROC strikes the name off the register. After that, your compliance duties end.
Why choose Prospect Legal for a strike-off?
A wrongly closed company can be restored with penalties. However, a clean strike-off ends your duties for good. Here is what sets us apart:
- Eligibility check. Because we confirm you qualify, the filing is not rejected.
- Pending clean-up. Also, we clear overdue filings before closure.
- Correct papers. Next, we draft every affidavit and statement right.
- Full filing. Moreover, we handle STK-2 to the final strike-off.
- Real support. Above all, you can reach a human on call or WhatsApp anytime.
Strike-off — what’s included
| Service | What we do | Benefit to you |
|---|---|---|
| Eligibility Check | Confirm you can close | No wasted filing |
| Pending Review | Clear overdue filings | A clean base |
| Document Draft | Prepare affidavits | A complete record |
| STK-2 Filing | File with the ROC | A formal closure |
| Process Tracking | Follow up on status | No surprises |
| Closure Proof | Confirm the strike-off | Duties end for good |
Related corporate compliance services
Before you close, you may need to clear pending filings. Therefore, explore these services next:
Frequently asked questions about a strike-off
When can a company be struck off?
A company can be struck off when it has stopped business and cleared its dues. Also, its bank accounts should be closed. Therefore, we check eligibility first. We guide any clean-up.
Does a strike-off end my yearly filings?
Yes, once struck off the company no longer files annual returns. Also, penalties stop building. Therefore, it saves ongoing cost. We confirm the closure for you.
Can a struck-off company be restored?
Yes, in some cases a company can be restored, often with penalties. However, a clean strike-off avoids that need. Therefore, we close it correctly. We keep the record clear.
Do I need to clear pending filings before closing?
Usually yes, overdue filings should be cleared first. Also, this avoids objections. Therefore, we review your status. We help clear them before STK-2.
How long does a strike-off take?
It depends on clean papers and the ROC process. Also, cleared dues speed it up. Therefore, we plan the timeline. We keep you updated.
Close your idle company the clean way
Talk to Prospect Legal today. We check eligibility and file STK-2 so you stop future compliance and close cleanly.
