Strike Off Your Company / LLP Safely & Legally.
When a business is no longer active, the safest approach is to formally close it instead of leaving it as a non-compliant entity. We help you complete due checks, documentation and ROC filing for voluntary strike off of Company / LLP.
When Is Strike Off the Right Choice?
Strike off is best when the entity is genuinely inactive and you do not want to continue with any business or compliances.
No Business + No Future Plan
The company / LLP has stopped operations, there is no future plan to revive, and promoters want a clean closure instead of yearly filing burden.
Liabilities Paid Off
All loans, creditor dues, employee payments and statutory dues are settled or properly provided for, so that closure does not leave unpaid outside liabilities.
No Major Litigation
There are no ongoing serious disputes, fraud investigations or regulatory actions which would make strike off inappropriate or risky.
What Is Strike Off of Company / LLP?
Strike off means removal of the company’s / LLP’s name from the Register of Companies maintained by ROC, after following the prescribed procedure.
Under the Companies Act, 2013 and LLP Act, an inactive or non-operational entity can apply for voluntary strike off, subject to certain pre-conditions and disclosures. After approval, the company / LLP is legally dissolved and cannot carry on business, except for activities required for closure.
Promoters and designated partners are required to give affidavits and indemnity confirming that:
- •All liabilities have been settled or adequately provided for.
- •There is no intention to defraud creditors or avoid legal action by opting for closure.
- •All information submitted to ROC is true and complete to the best of their knowledge.
Pre-Checks Before Applying for Strike Off
We always do a basic “health check” before recommending strike off for a Company or LLP.
Key Eligibility Points
- 1The entity is not carrying on any business or operation, or has not commenced business.
- 2There are no outstanding secured loans or charges, or necessary NOCs are obtained.
- 3No pending prosecution for serious offences or investigation by authorities.
- 4Latest financial statements and statement of accounts up to a recent date are available.
Common Caution Points
- •Strike off does not undo past non-compliances; officers can still be held liable.
- •If business may restart soon, it may be better to keep entity active instead of closing.
- •Personal guarantees given to banks or lenders remain in force even after closure.
Strike Off Process – 6 Practical Steps
We convert legal requirements into a clear, time-bound checklist for your Company / LLP.
1. Eligibility Review
Study incorporation documents, financials, pending filings, loans and litigations to confirm whether strike off is allowed and safe.
2. Closure Planning
Prepare plan for settlement of assets and liabilities, closing bank accounts, and obtaining NOCs from lenders / key creditors where required.
3. Board / Partner Approval
Draft and pass Board / Partner resolutions to approve closure, authorise signatories and fix date of statement of accounts.
4. Affidavits & Indemnity
Prepare affidavits and indemnity by directors / designated partners, declaration of no-liabilities, and other supporting documents.
5. Filing Strike Off Form
File STK-2 (Company) or LLP Form-24 (LLP) with ROC along with attachments – resolutions, statements, affidavits, indemnity and fee.
6. Follow-up & Status Update
Track ROC queries, respond to resubmissions if any, and share final order / notice of strike off once the name is removed.
Document Checklist – Company vs LLP
Indicative list – exact requirements may vary depending on facts and ROC instructions.
For Company Strike Off (STK-2)
- •Certificate of Incorporation, MOA & AOA.
- •Latest audited financial statements, if available.
- •Statement of accounts not older than prescribed period from application date.
- •Board resolution & shareholders’ approval (as applicable).
- •Affidavits and indemnity by directors.
- •NOC from creditors / banks (where required).
For LLP Strike Off (LLP Form-24)
- •LLP Agreement and any supplementary agreements.
- •Consent of all partners / designated partners.
- •Statement of assets and liabilities duly certified.
- •Affidavit and indemnity from designated partners.
- •Proof of closure of bank account(s).
- •Income-tax returns or reasons if not filed.
Note: This is a general checklist for awareness. We customise formats and attachments as per your ROC jurisdiction and the latest requirements.
FAQs – Strike Off of Company / LLP
Some of the typical questions promoters and partners ask before deciding to close their entity.
Is strike off the same as winding up / liquidation?
?
No. Strike off is a simplified closure route for non-operational entities with no significant liabilities. Winding up / liquidation is a more detailed process used when the entity has substantial assets, liabilities or ongoing business requiring a formal liquidator and detailed distribution.
What if some ROC filings are pending before strike off?
?
In many cases, pending annual filings need to be regularised or at least the financial position must be clearly captured before strike off. We first review the compliance status and then advise the most practical approach (whether to complete filings, regularise partially or explain with notes).
Are directors / partners free from all responsibility after strike off?
?
Strike off does not protect against liabilities arising from fraud, mis-statement or serious non-compliances. If later any fraud or misrepresentation is detected, authorities can restore the entity or proceed against officers. That is why affidavits and indemnity are taken seriously.
How long does the strike off process usually take?
?
Timelines depend on ROC workload and whether there are queries. Broadly, after complete documentation and filing, it may take a few months for final order. We keep you informed at each milestone and respond to resubmissions, if any.
Not Sure Whether to Close or Keep the Entity?
Sometimes it is better to restructure, transfer or keep the company dormant instead of immediate closure.
We help you compare options:
- •Strike off vs dormant status vs simple regularisation.
- •Impact on directors / partners and future business plans.
- •Cost of closure vs cost of keeping entity alive and compliant.
Share a short note about your Company / LLP (year of incorporation, filings done, loans and current status). We will respond with a suggested route and next steps.
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