Closure of Company

If you are not willing to continue business operations of your private limited, then you can voluntarily
wind-up your company. In this way, you can save all professional and filing fees payable by you to
meet Annual Compliances of your company. Companies Act, 2013, provides an option of Fast Track
Exit for Voluntary Winding up of your company.

However, for applying under Fast Track Exit, the following conditions must be satisfied:

  • At least one year old from date of Incorporation.
  • No business activity from date of Application.

TIME FRAME: 20-25 Working days.
PRICING: Rs.12500/- + ROC Filing fees at actuals.

PROCEDURE

Conduct a Board meeting to approve closure of company.

Signing of declaration stating that there is no Debt pending on Company.

Signing & Submission of Affidavit and other documents for closure of Company. (We will
provide draft Affidavit & Declaration)

Filing of STK-2 form with ROC. On approval of the form, closure is completed.

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