How to Close a Company
1. Extinguish all assets and liabilities
All Assets to be realised and liabilities should be paid off before Notice for Striking off name of Company is issued.
2. Board Resolution for Removal of Name
A Board Resolution shall be passed authorizing to apply to the ROC for striking off the name of the company.
3. General Resolution:
As per Section 248(2) of the Companies Act 2013and Rules made there under a Resolution shall be passed by shareholders having at least 75 % of voting rights for striking of the name of the Company.
4. Surrender all Registrations, Licenses and Close Bank Account:
All registrations and licenses should be surrendered following the required procedures and finally the bank account should be closed.
5. Statement of Accounts:
Preparation of Statement of Accounts as on date (not more than 30 days from the date of application) in Form STK-8 and the same shall be vetted by a Chartered Accountant.
6. Notarised Affidavit and Indemnity Bonds:
Indemnity Bonds and Affidavits by all directors in Form STK 3 and STK 4 respectively shall be prepared, notarised, and attached to the Form STK2 applied with ROC for striking of name of the company.
7. Filing FORM STK 2:
Form STK 2, application for Striking off the name of the company duly attested by a practicing professional such as CA, CS or CMA, with necessary documents duly attached shall be filed with ROC. The form shall be filed by paying a Government fee of Rs. 10000