Legal MCA Dissolution Form STK-2 Filing End Compliance Burden
Leaving a company dormant exposes directors to heavy recurring penalties and disqualification
Stop spending ₹15,000–₹25,000 every year on recurring audits, annual filings, and AGM compliance.
Failing to file annual returns for 3 consecutive years disqualifies directors for 5 years across all Indian companies under Section 164(2).
Formal strike off legally closes the corporate shell, protecting promoters from criminal MCA summons and court notices.
Unlike lengthy court winding-up that took years, fast-track STK-2 closure takes only 3 to 6 months for official dissolution.
Official dissolution notification published in the Gazette of India confirms complete closure.
3 simple steps from inquiry to completed service
Clear all assets, close bank accounts, settle any outstanding creditors, and prepare zero-asset balance sheet.
Our legal team drafts Form STK-3 (Indemnity Bond), Form STK-4 (Affidavits), and Board Resolutions.
We file Form STK-2 on MCA V3 certified by practicing CA/CS and track gazette publication until dissolution.
Under Section 248(2) of the Companies Act, 2013, a company that has failed to commence business within one year of incorporation or has not carried out any business for two preceding financial years can apply for voluntary closure.
The company files Form STK-2 with the Registrar of Companies along with a Statement of Accounts prepared up to a date not older than 30 days, an Indemnity Bond, and Affidavits from all directors.
Once the ROC is satisfied that no liabilities or pending litigations exist, a notice of striking off is published in the Official Gazette, and the company is officially dissolved.
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Professional legal drafting, statement of accounts preparation, CS certification, and filing start at ₹7,999/- plus statutory MCA government fee (₹10,000).
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After filing Form STK-2, the ROC reviews the petition, issues public notice STK-5, and invites objections for 30 days. Final dissolution notice (STK-7) is typically published in 3 to 6 months.
No. Abandoning an inactive company leads to heavy cumulative late fees on Form AOC-4 and MGT-7 (₹100/day each). Directors risk DIN deactivation, disqualification for 5 years, and monetary penalties under Section 454.
No. A company must clear all liabilities, obtain No-Objection Certificates from creditors, and close its bank account before submitting Form STK-2.
Strike off is a simplified, fast-track administrative route for defunct companies with zero liabilities. Winding up is an elaborate legal/NCLT procedure required when companies have extensive assets, claims, or ongoing debts.
Yes. Every director must provide an Indemnity Bond in Form STK-3 agreeing to be personally liable if any future claim emerges after strike off.