🏁 Closure of Company

⚖️ Legally Wind Up Your Company with Ease and Compliance

If your company is no longer operational and you wish to close it permanently, the Closure of Company process under the Companies Act, 2013 allows you to do so legally and avoid future penalties.

At KLS Advisors, we provide end-to-end assistance for Company Closure (Strike Off), ensuring all legal formalities and filings are completed accurately and on time.

💡 What is Company Closure?

Company closure means removing a company’s name from the register of companies maintained by the Ministry of Corporate Affairs (MCA).
It officially ends the existence of the company, releasing directors and shareholders from future compliance requirements.

The process is governed by Section 248 of the Companies Act, 2013 and the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016.

🏦 When Should You Opt for Company Closure?

You should file for company closure if:

• The company has not commenced business since incorporation.

• The company has been inactive for two or more years.

• The company has no outstanding liabilities.

• You want to avoid annual compliance filings and penalties.

• The directors have decided to discontinue operations permanently.

📋 Documents Required for Company Closure

• Board Resolution for closure

• Consent of all directors and shareholders

• Indemnity Bond (duly notarized)

• Affidavit by all directors

• Statement of Accounts (not older than 30 days)

• Copy of PAN card

• Proof of address of the company

• Certificate of Incorporation and MOA/AOA

🧾 Form Used for Closure of Company

• Form STK-2 – Application by company to strike off its name from the register of companies

🔍 Step-by-Step Process for Company Closure

1️⃣ Board Meeting – Approve the proposal for voluntary strike-off.
2️⃣ Obtain Consent – From all shareholders and directors.
3️⃣ Prepare Financial Statements – Ensure no assets or liabilities remain.
4️⃣ File STK-2 Form – With MCA along with necessary attachments.
5️⃣ Registrar Verification – MCA verifies documents and ensures compliance.
6️⃣ Final Approval & Strike-Off – MCA issues notice confirming company closure.

💼 Our Company Closure Services Include

• Legal consultation and eligibility assessment

• Drafting of Board Resolution and Affidavits

• Preparation and filing of Form STK-2

• Liaison with MCA and ROC authorities

• Guidance on post-closure compliances

• Quick and seamless closure approval

⚙️ Eligibility for Fast Track Exit (FTE) Mode

A company can apply under Fast Track Exit if it:

• Has no business operations for the past two financial years.

• Has no outstanding dues to any government department.

• Has no pending litigation.

This route provides a faster and simpler closure option for eligible companies.

🌟 Why Choose KLS Advisors

• ✅ Expert Legal & Secretarial Professionals

• ⚡ End-to-End Documentation and Filing Support

• 🔒 Confidential Handling of All Company Records

• 🕒 Timely Processing to Avoid Delays

• 💬 Dedicated Assistance for Directors & Shareholders

🏁 Close Your Company Legally — The Right Way

Avoid unnecessary compliance costs, penalties, and legal hassles by closing your company legally through MCA.
Let KLS Advisors manage your Company Closure Filing seamlessly and ensure complete compliance with the law.

📞 Contact Us: +91-9717720616
✉️ Email: info@klsadvisors.in
🌐 Website: www.klsadvisors.in