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 the date of Incorporation.

• No business activity from the date of Application.

TIME FRAME: 20-25 Working days.

PRICING: Rs.12500/- + ROC Filing fees at actuals.

PROCEDURE

• Step 1
  • Conduct a Board meeting to approve closure of the company.
• Step 2
  • Signing of declaration stating that there is no Debt pending on Company.
• Step 3
  • Signing and Submission of Affidavit and other documents for closure of Company. (We will provide draft Affidavit & Declaration)
• Section
  • Filing of STK-2 form with ROC. On approval of the form, closure is completed.