Strike Off / Closure
We assist companies in voluntary strike off and closure processes by reviewing eligibility, preparing documents, managing ROC filings, and supporting a clean compliance closure trail.
Suitable for
Companies that have stopped business operations and want to formally close the entity.
Regulatory coverage
Companies Act, 2013 / ROC / MCA strike off framework / Board and shareholder approval requirements / Statutory declaration and indemnity documentation
Engagement type
Advisory, compliance and governance support
Typical deliverables
Strike off eligibility checklist; Closure readiness note
How this mandate is understood in practice.
Strike off is a formal process for closing a company that is no longer carrying business or operations, subject to statutory eligibility and record readiness.
This service covers eligibility review, stakeholder documentation, board and shareholder approvals, statutory declarations, ROC filing, and closure record support.
Compliance discipline protects governance credibility.
Improper closure or incomplete filing can leave directors, shareholders, and the company exposed to future notices, penalties, or compliance issues.
A structured closure process helps ensure that statutory records, liabilities, bank accounts, tax positions, and ROC filings are properly aligned before application.
Who needs this
Companies that have stopped business operations and want to formally close the entity.
Dormant or inactive companies looking to avoid recurring compliance burden.
Promoters and directors seeking a clean ROC closure route after ensuring statutory readiness.
Initial work areas
Eligibility review for voluntary strike off and closure route.
Review of company records, liabilities, bank status, tax filings, and pending ROC compliance.
Preparation of board resolution, shareholder approval, affidavits, indemnity bonds, and declarations.
Preparation and filing support for strike off application with ROC.
What this service typically covers.
Eligibility & Readiness Review
Review whether the company is eligible for voluntary strike off.
Check business activity status, liabilities, bank accounts, and statutory records.
Identify pending ROC, tax, or other compliance items before closure.
Prepare a closure readiness note for promoters and directors.
Approvals & Documentation
Draft board resolution for closure proposal.
Support shareholder approval documentation, wherever applicable.
Prepare affidavits, indemnity bonds, statements, and declarations.
Coordinate documents from directors, shareholders, and management.
ROC Filing & Follow-up
Prepare and validate strike off application form.
File closure application with MCA/ROC.
Track SRN, ROC observations, and filing status.
Support response to ROC clarification or resubmission, if required.
Closure Records
Compile filed forms, challans, acknowledgements, and approval records.
Support final statutory closure file for company records.
Guide on post-filing record preservation and director reference documents.
Maintain closure trail for future due diligence or reference.
Regulatory coverage
Companies Act, 2013
ROC / MCA strike off framework
Board and shareholder approval requirements
Statutory declaration and indemnity documentation
Regulatory Matrix
Coordinated touchpoints across governance frameworks.
MCA
SEBI
FEMA
CSR
NCLT
RBI
Laws, regulations, and governance touchpoints.
Companies Act Closure Framework
Voluntary strike off process for eligible companies.
Director declarations, indemnity, and statutory responsibility requirements.
ROC review, notice, objection, and final strike off process.
Pre-closure Compliance Review
Assessment of pending statutory filings before closure.
Review of liabilities, bank accounts, assets, and business activity status.
Coordination of records required for strike off application.
Risk areas that usually create pressure for boards, management teams, and compliance owners.
Company has pending ROC filings or incomplete statutory records.
Bank accounts, liabilities, or tax positions are not fully closed before application.
Mismatch in company records, director details, or shareholder approvals.
ROC raises clarification due to incomplete attachments or eligibility issues.
Deliverables
Strike off eligibility checklist
Closure readiness note
Draft board resolution and approval documents
Affidavit, indemnity bond, and declaration support
ROC strike off filing support
SRN, challan, acknowledgement, and closure record file
A structured sequence from mandate framing to execution.
Step 1
Review company status, operations, liabilities, and compliance position.
Step 2
Confirm eligibility and identify pending closure prerequisites.
Step 3
Prepare approvals, declarations, and supporting documents.
Step 4
File strike off application with ROC and monitor status.
Step 5
Compile closure records and support final compliance trail.
Connected mandates often reviewed alongside this service.
Annual ROC Filing
Annual ROC filing and corporate compliance management support covering financial statement filings, annual returns, governance documentation and recurring Companies Act compliance obligations.
Director KYC & DIN Compliance
Director identity compliance and DIN governance support covering DIR-3 KYC filings, DIN status management, director compliance monitoring and MCA governance continuity requirements.
Corporate Governance Advisory
Board-level governance advisory covering governance framework design, board effectiveness, committee governance, director responsibilities, governance controls, SEBI and Companies Act governance requirements, risk oversight, ESG governance, and governance maturity enhancement.
Due Diligence
Comprehensive legal, secretarial, corporate, regulatory and FEMA due diligence support for investments, acquisitions, strategic transactions, restructuring exercises and transaction readiness assessments.
FAQs
Can every company apply for strike off?
No. Strike off is available only when the company meets statutory eligibility conditions and has resolved pending compliance, liabilities, and documentation requirements.
Is board approval required for strike off?
Yes. Board approval is generally required, and shareholder approval may also be required depending on the closure route and applicable provisions.
Can a company with liabilities apply for strike off?
Generally, liabilities should be settled or appropriately addressed before applying for strike off. The company must make correct statutory declarations.
What happens after ROC approves strike off?
After completion of the statutory process, the company’s name is struck off from the register and the entity is treated as dissolved, subject to applicable legal consequences and record preservation.