A company you have stopped using does not stop costing: annual filings stay due, late fees grow and directors remain exposed. Strike off under section 248 is the clean, economical way to close a company that never took off or has wound down.
Krishna TaxNova prepares the closure: dues and bank accounts settled, the statement of accounts drawn up, affidavits and indemnities executed and STK-2 filed, then tracked until the ROC publishes the dissolution.
What is Company Strike Off?
Voluntary strike off applies to companies that have not commenced business or have been inactive for two preceding financial years, with no assets, liabilities or pending litigation. The company files STK-2 with a statement of accounts not older than thirty days, director affidavits, indemnity bonds and a special resolution. The ROC publishes the application and, absent objections, strikes the company off the register.
Who Should Apply for Company Strike Off?
- Companies incorporated for a venture that never started
- Businesses that have ceased operations and cleared their affairs
- Group entities being consolidated or simplified
- Founders facing growing late fees on a dormant company
Benefits of Company Strike Off
Compliance Ends
No more annual filings, audits or late fee accumulation after dissolution.
Director Risk Closed
Properly closed companies stop threatening DIN status and future ventures.
Cheaper Than Winding Up
Strike off costs a fraction of formal liquidation for eligible companies.
Objection Proof Filing
Pre closure checks with tax and other authorities prevent derailing objections.
Certainty
You receive the ROC’s publication confirming the company is dissolved.
Documents Required for Company Strike Off
Keep these documents ready. You can upload them using the form on this page or send them to us on WhatsApp.
- Statement of accounts certified by a CA, not older than 30 days
- Affidavits and indemnity bonds from all directors
- Special resolution or consent of 75 percent shareholders
- PAN and bank closure proof of the company
- Latest filed financials and returns
- Digital signature of a director
Step by Step Process for Company Strike Off
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Step 1: Eligibility Check
We verify inactivity, assets, liabilities and litigation status against the strike off conditions.
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Step 2: Clean Up
Bank accounts are closed, dues settled and pending filings regularised where required.
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Step 3: Documentation
The statement of accounts, affidavits and indemnities are prepared and executed.
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Step 4: STK-2 Filing
The application is filed with fees and tracked through ROC publication.
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Step 5: Dissolution
The strike off notice is published and the company stands dissolved.
Company Strike Off at a Glance
Estimated Timeline
3 to 6 months including ROC processing
Governing Authority
Registrar of Companies (MCA)
Validity
Permanent dissolution
Government Fees
Government fee of 10,000 rupees for STK-2 plus documentation costs
Why Choose Krishna TaxNova for Company Strike Off?
Strike off applications bounce on unfiled returns and unclosed bank accounts. Our pre filing clean up is why our closures go through the first time.
CA Led Team in Delhi
Your work is handled by a qualified Chartered Accountant team, not a call center. You get correct advice the first time.
Upload Documents Online
Share everything from your phone or laptop. Use the secure upload form on this page or simply WhatsApp us your documents.
Transparent Pricing
You approve a clear quote before we start. No hidden charges at any stage.
End to End Support
From document collection to final approval and post registration compliance, one team stays with you throughout.
Company Strike Off: Frequently Asked Questions
Can a company with pending ROC filings apply for strike off?
Overdue annual filings generally must be completed up to the end of the year the company stopped activity. We compute the cheapest compliant path before filing STK-2.
What happens to remaining assets or liabilities?
The company must have none at application. Assets are disposed of and liabilities settled first; hiding them is dangerous because directors' indemnities make them personally answerable.
Can a struck off company be revived?
Yes, the NCLT can restore a company within prescribed periods on application by aggrieved parties. That cuts both ways: creditors can also seek restoration, which is why a clean closure matters.
Is strike off the same as winding up?
No. Winding up is a longer liquidation process for companies with assets, debts or disputes. Strike off is the summary route for clean, defunct companies, and we advise which applies to yours.
How long does Company Strike Off take?
In most cases the work is completed in 3 to 6 months including ROC processing. The exact time depends on how quickly documents are shared and on processing time at the department. We keep you updated at every stage.
What documents are needed for Company Strike Off?
The key documents include statement of accounts certified by a ca, not older than 30 days, affidavits and indemnity bonds from all directors, special resolution or consent of 75 percent shareholders, pan and bank closure proof of the company. Our team shares a simple checklist after the first call so nothing is missed.
Can I complete Company Strike Off fully online?
Yes. The entire process is online. Fill the form on this page, upload your documents or WhatsApp them to us, and our experts handle the filings. You do not need to visit any office.
Which authority handles Company Strike Off?
Company Strike Off falls under Registrar of Companies (MCA). Krishna TaxNova prepares and files your application in the required format and responds to any queries raised by the department.
What is the validity of Company Strike Off?
The validity is permanent dissolution. We send renewal and compliance reminders in advance so you never miss a due date.
Do you provide Company Strike Off outside Delhi?
Yes. We are based in Delhi and serve clients across India. Since the process is fully online, your location does not matter. Documents can be shared through the website or WhatsApp.
Get Company Strike Off Done by Experts
Fill in your details, upload your documents online or send them on WhatsApp. A qualified CA will review your case and call you back with the exact steps and a fixed quote.