Strike Off Company

Strike Off of a Company in India

If a PVT LTD company is no longer running, it is important to close it down legally to avoid penalties and any compliance problems. When a company’s name is removed from the official records of the Ministry of Corporate Affairs (MCA), this is known as striking off a PVT LTD company. This guarantees that the business is officially shut down and no longer responsible for any legal obligations.

What is a Company Strike Off?

A company that is no longer active or does not plan to continue, can apply to have its name struck off as a PVT LTD company. This can be done under Section 248 of the Companies Act, 2013. Companies can choose to apply for a strike-off themselves, or the Registrar of Companies (ROC) can remove them due to non-compliance.

Process for Strike Off Pvt. Ltd Company in India

The following is the process for Strike Off Pvt.Ltd Company in India is as follows:

• Board Resolution: In order to close the company, the directors must pass a formal resolution.
• Resolve financial debts: The company needs to pay off all outstanding dues and close its bank accounts.
• File MCA Form STK-2: The necessary documents are submitted along with this application.
• Verification by the Registrar: The ROC examines the application and gives confirmation for the strike-off.
• Final Notification: After approval, the company’s name is removed from the official MCA records.

Company Removal Services

If you want any expert guidance, then choose Company Strike-Off Services in Delhi to make the process smooth and hassle-free. They will assist you with preparing documents, filing applications, and even looking after all the necessary formalities.

To close your business the right way, Strike Off PVT LTD Company in Delhi services can offer professional advice, making the process easy while making sure that it follows all legal requirements.

It is important to close a PVT LTD company using the Strike Off process to avoid facing any legal or financial problems in the future. Following MCA regulations correctly ensures a hassle-free closure without any lingering responsibilities. It is always a good idea to look for professional assistance for a smooth and straightforward process. Startup Club India offers reliable Company Strike-Off Services, supporting businesses every step of the way to make a smooth and legally correct closure for companies across the country.