Virtual CFO

Company Strike Off / Closure

Close a company you no longer need the right way — strike-off (STK-2) with the required board and member approvals, prepared and filed properly.

Overview

If a company is no longer carrying on business, voluntarily striking it off (Form STK-2) removes it from the register cleanly — which is far better than letting it lapse and accumulate non-compliance. There are eligibility conditions and steps that have to be done in the right order.

CapEasy checks whether your company is eligible for strike-off, settles the prerequisites (board and member approvals, the required statements and clearances), and files the application correctly so the closure goes through.

Who it’s for

  • Founders winding down a company that has stopped operating
  • Companies that were incorporated but never commenced business
  • Owners who want a clean, compliant exit rather than an inactive shell

Eligibility & requirements

  • The company has either not commenced business or has not been carrying on business for the qualifying period
  • Bank accounts closed and liabilities settled, with the required statements
  • Board and member (special resolution) approvals for the closure

How CapEasy handles it

  1. Assess eligibility for voluntary strike-off and flag any pending compliance to clear first
  2. Obtain the board and member approvals and prepare the statement of accounts and affidavits
  3. Prepare and file the STK-2 application with the required attachments
  4. Track the application through to the company being struck off

Documents you’ll typically need

  • Board and special resolutions approving the closure
  • Statement of accounts and indemnity/affidavit from directors
  • Proof of closed bank accounts and settlement of liabilities

CapEasy is a private consultancy and is not affiliated with any government authority. We help you assess eligibility and prepare and file your application; eligibility and approval depend on your specifics and the relevant department’s discretion.

Frequently asked questions

Can I just stop filing instead of striking off?

No — an inactive company that stops filing keeps accruing non-compliance and additional fees, and directors can face consequences. A voluntary strike-off is the clean way to close.

Do I need to clear pending compliance before strike-off?

Usually yes — pending filings and liabilities need to be addressed first. We assess what’s outstanding and get it current as part of the closure.

How long does strike-off take?

It depends on the company’s status and the Registrar’s processing; we prepare a complete application up front to avoid avoidable delays, but timelines vary case by case.

Your CapEasy experts

Connect with us

Talk to the people who handle this work every day — no call centre, no hand-offs.

Ayush Joshi

Co-Founder

Ex-OYO and Tenaciousfly. 7+ years in business development, strategic acquisitions, financing and debt syndication.

Aditya Jain

Co-Founder

Ex-Bank of America. 4+ years in investment banking, EU & Indian compliances, ESG compliances, and project management.

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