Company / LLP Closure
Formal Strike Off Process with MCA (Form STK-2)Why Formally Close an Inactive Business?
If your Private Limited Company or LLP is inactive (not carrying on any business) and has no liabilities, it should be officially closed or **"Struck Off"** from the ROC records to avoid mandatory **annual compliance penalties**.
Closure is done via **Form STK-2** (for Companies) or **Form 24** (for LLPs) and prevents directors/partners from facing compliance prosecution, disqualification, or accumulation of late filing fees.
Closure Requirements (Strike Off)
- **Inactivity:** Must be inactive for at least **1 year**.
- **Liabilities:** Company/LLP must have **nil liabilities**.
- **Key Form:** Form STK-2 (Company) or Form 24 (LLP).
- **Penalty Saved:** Avoids ₹10,000+ penalty per year for non-filing.
Cashynomy's Formal Closure Process
Compliance Check & Liability Clearance
Ensuring all pending tax and ROC filings (if any) are cleared, and a **Statement of Accounts (SOA)** showing nil liability is prepared.
Board Resolution & Indemnity
Passing a Special Resolution (Company) or Partner Resolution (LLP) and obtaining necessary Indemnity Bonds and affidavits from Directors/Partners.
Filing Form STK-2 / Form 24
Filing the final closure application with the ROC/MCA along with the required documents and government fee.
Final Gazette Notification
MCA publishes the closure notice in the Official Gazette, and the company/LLP is officially deemed dissolved.
Company / LLP Closure Package
Avoid future penalties and successfully dissolve your inactive entity with guaranteed ROC compliance:
Strike Off Service
- ✔ Nil Liability Statement Preparation
- ✔ Drafting of Board Resolution & Affidavits
- ✔ Indemnity Bond Documentation
- ✔ Filing of Form STK-2 (or LLP Form 24)
- ✔ Final Gazette Notification Tracking