Winding Up Company Services for Closure and STK-2 Support

Winding Up Company means closing the affairs of a company and moving toward legal dissolution or removal from MCA records. Simple inactive companies may use the strike-off route, while companies with liabilities, disputes or creditors may need winding up, liquidation or Tribunal-related review.

Company strike off is the process of removing the name of an eligible inactive or defunct company from the register of companies. It is generally handled through ROC / MCA process where the company has no active business, no major liabilities and required documents are ready.

Form STK-2 is commonly used by a company to apply for removal of its name from the register of companies. Supporting documents such as indemnity bond, affidavit, statement of accounts, board and shareholder approvals may be required.

Company closure is often used for simple strike-off cases where the company is inactive and eligible. Winding up is broader and may involve liquidation, settlement of assets and liabilities, creditors, shareholders, Tribunal process or IBC-related review depending on facts.

Section 248 of the Companies Act, 2013 is generally connected with the Registrar's power to remove the name of a company from the register. Section 249 also contains restrictions on making such application in certain situations.

Chapter XX of the Companies Act, 2013 deals with winding up. Sections such as 270 and 271 are connected with modes of winding up and circumstances in which a company may be wound up by the Tribunal.

Yes. An inactive private limited company may be closed if it satisfies eligibility conditions, has no active business, settles liabilities, closes bank account, completes required filings and prepares proper board/shareholder approvals and declarations.

Pending annual filings such as AOC-4 and MGT-7 should be reviewed before closure. In many cases, annual filing defaults, additional fees and MCA compliance status need to be regularised or handled before STK-2 filing.

Income tax return status should be reviewed before company closure. The company should check pending ITR, TDS/TCS, GST, bank transactions, final accounts and tax dues before applying for strike off or winding up.

A company with outstanding liabilities, loans, creditors, statutory dues, disputes or assets should not be treated as a simple strike-off case without review. Liabilities generally need to be settled or addressed before closure.

Common documents include CIN, PAN, certificate of incorporation, MOA/AOA, board resolution, shareholder resolution, STK-3 indemnity bond, STK-4 affidavit, STK-8 statement of accounts, bank closure proof, financial statements, ITR/GST details and DSC.

Yes, but bank transactions should be reviewed. The bank account is usually closed before strike-off filing, and final bank statement, zero balance proof or closure confirmation may be required depending on the case.

Timeline depends on pending filings, bank closure, tax status, board/shareholder documents, MCA processing, resubmission, objection, creditor issues and whether the case is simple strike-off or detailed winding up.

Yes. Money Mangalam provides online Winding Up Company and company closure support across India, including strike-off eligibility review, STK-2 checklist, pending compliance review, tax/bank closure guidance and MCA follow-up.