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Strike of Company

STRIKE off OF COMPANY

Strike Off of Company

Strike of Company is an alternative exit way to winding up of a Company subject to provision of section 248 of Companies Act, 2013.

1. Modes of Strike Off of Company under Companies Act 2013:

  • Strike of by ROC .
  • Strike of by Company by its own.

Grounds of Strike Off of Company by ROC:

  • If a company failed to commence its business within one year of incorporation.
  • The company is not carrying out any business or Activity for preceding 2 financial years

Strike Off of Company by its own:

If a company not carrying any business activities, after make NIL its all liabilities and assets can file an application for Strike Off of Company in form STK-2 along with prescribed fees( Rs10,000).

Procedure for Strike off by company its own

  • Hold Board Meeting.
  • Hold General Meeting.
  • Pass Special resolution / Get Consent from all members of the company.
  • Application to ROC in form STK-2.

Attachment of FORM STK-2:

  • Indemnity Bond duly notarized by every director in Form STK 3.
  • Statement of Nil assets and Liabilities certified by Chartered Accountant.
  • Affidavit by every director of the company.
  • Special Resolution or Consent Letter of every director.
  • Board Resolution.
  • KYC of All members of the company.

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Strike of a Company

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Rs 21000 Rs 17999

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