Strike Off explained: this guide covers what it means, who it applies to, the step-by-step process, documents required, fees, due dates and penalties in India — so you can stay compliant with confidence and avoid costly mistakes.
Strike off is a simple, low-cost way to close a defunct company by removing its name from the register of companies, using Form STK-2.
Eligibility
- The company has not commenced business, or has been inactive for two financial years
- It has no assets, liabilities or pending litigation
- All pending returns are filed
Process
- Clear liabilities and close bank accounts
- Pass a special resolution and obtain shareholder consent
- File Form STK-2 with the required documents and affidavits
- The RoC publishes a notice and strikes off the name
Note
For companies with assets/liabilities or disputes, voluntary winding up is the appropriate route instead.
Frequently Asked Questions
What is strike off of a company?
A simple closure by removing the company's name from the register using Form STK-2.
When can a company be struck off?
When it is defunct/inactive with no assets, liabilities or pending litigation.
What form is used for strike off?
Form STK-2.
Strike off or winding up — which is better?
Strike off for dormant companies; winding up when there are assets, liabilities or disputes.
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