Winding Up – Company
Winding Up of a Company is the legal process of closing a company by settling liabilities, disposing assets, and removing its name from the Register of Companies (ROC) under the Companies Act, 2013.
It’s ideal for companies that are inactive, non-operational, or no longer required.
Winding Up – Company
Types of Company Winding Up
Voluntary Winding Up (Strike Off – STK-2)
No business activity
No outstanding liabilities
Directors initiate closure
Winding Up by Tribunal (NCLT)
Insolvency or inability to pay debts
Legal disputes or statutory defaults
Court/authority-driven process
(Most small & inactive companies opt for Strike Off – STK-2)
Who Can Apply for Winding Up?
Private Limited Company One Person Company (OPC) Public Limited Company (limited cases)
LLPs follow a separate closure process
Documents Required
Board Resolution for closure
Shareholders’ Special Resolution
Affidavit & Indemnity Bond by Directors
Statement of Accounts (certified)
Auditor’s Certificate
PAN, Aadhaar & DSC of Directors
Application Form STK-2
Company Winding Up Process (Strike Off)
Eligibility check & compliance review Clear liabilities & close bank accounts
Pass Board & Shareholder resolutions
Prepare documents & affidavits
File STK-2 with MCA
ROC notice & public objection period
Company name struck off
Timeline
2–4 months (subject to ROC processing)
Important Conditions
No pending litigation
No outstanding loans or dues
All statutory filings up to date
Company must not have started business (in some cases)
How We Help You
Eligibility assessment End-to-end documentation Auditor coordination STK-2 filing & follow-up ROC representation Closure confirmation support
Why Close a Company Properly?
Avoid late fees & penalties
No future compliance burden
Clean exit for directors
Peace of mind
Close Your Company the Right Way
Contact us today for smooth, compliant & hassle-free company winding up.