Company strike off
Professional Company Closure Through MCA Strike Off Process
If a company is inactive, not carrying on business, or no longer required, striking off the company name from the Registrar of Companies (ROC) is a legal and cost-effective way to close it.
N D Savla & Associates provides end-to-end Company Strike Off services, ensuring proper documentation, regulatory compliance, and smooth closure under the Companies Act.
What Is Company Strike Off?
Company strike off is a process under Section 248 of the Companies Act, 2013, where the name of a company is removed from the Register of Companies.
Once struck off:
The company ceases to exist as a legal entity
Directors are relieved from ongoing compliance obligations
No further ROC filings are required
Strike off is suitable for companies that are inactive or have no liabilities.
Who Can Apply for Company Strike Off?
A company can apply for strike off if:
It has not carried on any business or operations
It has no outstanding liabilities
All statutory filings are completed or regularised
It has closed its bank accounts
Consent of directors and shareholders is obtained
Companies with active litigation or outstanding dues are not eligible.
Our Company Strike Off Services
We provide complete assistance, including:
Eligibility assessment for strike off
Completion of pending ROC compliances, if any
Preparation of affidavits, indemnity bonds, and board resolutions
Filing of Form STK-2 with MCA
Follow-up with ROC until strike off confirmation
Advisory on post-strike off obligations
Our process ensures proper and lawful closure.
Benefits of Company Strike Off
Relief from annual ROC and tax compliances
Cost-effective company closure
Avoidance of penalties for non-compliance
Clean exit for promoters and directors
Strike off helps avoid unnecessary legal exposure.
Voluntary Strike Off vs ROC-Initiated Strike Off
Voluntary Strike Off: Initiated by the company with proper filings and documentation
ROC Strike Off: Initiated by ROC due to prolonged non-compliance
Voluntary strike off is always recommended to maintain compliance and director credibility.
Why Choose N D Savla & Associates?
Experienced Chartered Accountants in ROC compliance
Structured and transparent process
Accurate documentation and filing
Timely coordination with MCA authorities
Trusted compliance partner for companies
We focus on risk-free closure, not shortcuts.
Company Strike Off – Pan India Services
Our company strike off services are available across India. Directors can complete the entire process online without visiting ROC offices.
FAQs – Company Strike Off
Is company strike off legal in India?
Yes. It is a legal process under the Companies Act, 2013.
How long does the company strike off process take?
Typically, 3 to 6 months, depending on ROC processing time.
Can a company with liabilities be struck off?
No. All liabilities must be settled before applying for strike off.
What happens to directors after strike off?
Directors are relieved from compliance obligations for the struck-off company.
Can a struck-off company be revived?
Yes. In certain cases, revival is possible through NCLT.
Is strike off better than winding up?
For inactive companies with no liabilities, strike off is simpler and more cost-effective.
