Company Strike Off refers to the formal process of removing a company's name from the Registrar of Companies (ROC) when it is no longer operational. This process is governed by Section 248 of the Companies Act, 2013. Asktrix provides comprehensive support for all company strike-off requirements, ensuring your company meets all regulatory obligations efficiently and accurately.
Our streamlined process ensures quick and hassle-free company strike-off:
The board of directors must pass a resolution to apply for strike-off and authorize a director to file the application.
Ensure all outstanding liabilities, dues, and legal cases are cleared before applying for strike-off.
File Form STK-2 with the Registrar of Companies (ROC) along with all required documents and fees.
ROC publishes notice in Official Gazette and ROC website for public awareness and objection period.
After 30 days from notice publication, if no objections are received, ROC issues strike-off certificate.
The application fee for Form STK-2 is ₹10,000, plus additional costs for professional assistance. Professional assistance typically costs ₹15,000, making the total cost around ₹25,000.
Strike-off can be revoked under Section 252 of the Companies Act, 2013, if the company was struck off without proper notice or if there are valid reasons for restoration.
Find answers to common questions about company strike-off, eligibility, process, documents, costs, and timelines.
No, only inactive or non-operational companies can apply for strike-off. The company must be inactive for at least two years or not have commenced business.
Companies with pending liabilities cannot apply for strike-off. All outstanding dues, taxes, and legal cases must be cleared before applying.
Yes, a struck-off company can be restored under Section 252 of the Companies Act, 2013, if there are valid reasons and proper procedures are followed.
The entire process typically takes 3-6 months from application submission to final strike-off certificate issuance.
If objections are received during the 30-day objection period, ROC will investigate and may reject the strike-off application.
While there's no specific penalty for late strike-off application, continued non-compliance may attract penalties and additional fees.
The government fee for Form STK-2 is ₹10,000. With professional assistance, the total cost is typically around ₹25,000.
Yes, LLPs have a separate strike-off process governed by LLP Act, 2008, but the general principles are similar to company strike-off.
Directors need to provide affidavits, indemnity bonds, board resolutions, and consent forms as part of the strike-off application.
Companies with significant assets should consider liquidation instead of strike-off. Strike-off is typically for companies with minimal or no assets.
Company strike-off is a straightforward process when handled by experienced professionals. Asktrix assists clients with end-to-end services, ensuring all requirements are met efficiently and accurately.