Closure of Companies & LLP's

Corporate

Closure of Companies & LLP's

Close your company or LLP through strike-off (for inactive entities with no liabilities) or winding up (formal liquidation). We handle voluntary strike-off applications, ROC-initiated strike-off objections, winding up petitions before NCLT, and LLP closure under the LLP Act. Proper closure avoids ongoing compliance burden and director/partner liability.

Why close properly?

  • Avoid ongoing compliance & penalties
  • Clear director/partner liability
  • Clean exit from business
  • Reuse name after cooling-off

What we cover

  • Company strike-off (STK-2)
  • LLP strike-off (Form 24)
  • Winding up (voluntary / NCLT)
  • Pre-closure compliance & tax clearance

Enquire for Closure

Share your details and we'll assess the best closure route and quote.

Overview

Strike-off vs Winding Up

Strike-off removes the company/LLP name from the ROC register when the entity is inactive with no assets or liabilities. It is simpler and faster (typically 3–6 months). Companies apply in Form STK-2; LLPs apply in Form 24. For companies, ROC can also initiate strike-off under Section 248 for non-filing. Winding up is a formal liquidation process—assets are sold, liabilities settled, and the entity dissolved. It requires NCLT approval and is used when the entity has assets, liabilities, or creditor obligations. We guide you on the right route and handle the complete process.

Options

Closure Routes We Handle

We assist with both strike-off and winding up for companies and LLPs. The right route depends on your entity's status.

Company Strike-off (STK-2)

Voluntary strike-off for dormant companies. No operations, nil assets, nil liabilities. Application to ROC.

LLP Strike-off (Form 24)

Application for striking off LLP name under Section 75. Inactive LLP with no liabilities. Filed with ROC.

Company Winding Up

Voluntary or compulsory winding up before NCLT. For companies with assets, liabilities, or creditors.

LLP Winding Up

Winding up of LLP before NCLT. Settlement of assets and liabilities. Formal dissolution.

Pre-closure Compliance

Ensure all filings, tax returns, and clearances are up to date before closure application.

Objection to Strike-off

If ROC has initiated strike-off and you wish to object or revive, we assist with the process.

Process

Strike-off Process (Company / LLP)

1

Eligibility Check

Verify entity is dormant—no operations, nil assets, nil liabilities. Ensure no pending filings or tax dues.

2

Pre-closure Compliance

File all pending annual returns, financial statements. Clear tax dues. Obtain NOC from banks if applicable.

3

Board/Partner Resolution

Pass resolution for voluntary strike-off. Authorise signatory. Prepare indemnity and declarations.

4

File Application

Submit Form STK-2 (company) or Form 24 (LLP) on MCA portal with attachments. Pay prescribed fee.

5

ROC Processing & Strike-off

ROC may publish notice. If no objection, name is struck off. Typically 3–6 months from application.

Our Services

Explore Other Services

We offer end-to-end corporate law consultancy, from entity formation to ongoing compliance.

FAQ

Frequently Asked Questions

Common questions about company and LLP closure, strike-off, and winding up.

Strike-off is for inactive entities with no assets or liabilities—the name is removed from the ROC register. It's simpler and faster (3–6 months). Winding up is a formal liquidation where assets are sold and liabilities settled; it requires NCLT approval and is used when the entity has assets, creditors, or ongoing obligations.

No. Pending annual returns, financial statements, and tax dues must be cleared before applying for strike-off. We help you file belated returns and obtain necessary clearances. ROC may reject the application if compliances are pending.

Typically 3–6 months from the date of application, subject to ROC processing and no objections. ROC may publish a notice; if no objection is received within the specified period, the name is struck off. Winding up takes longer due to NCLT process and liquidation steps.

Yes, but after a cooling-off period. For companies, the name can be used by a new company after 5 years from the date of strike-off. For LLPs, similar rules apply. We can advise on name availability when you plan to incorporate again.

You can object to the strike-off notice and file pending returns to avoid strike-off. If the company is already struck off, you can apply for revival under Section 252 before NCLT within 20 years. We assist with objections, belated filings, and revival applications.