{"id":9193,"date":"2020-10-02T16:40:52","date_gmt":"2020-10-02T11:10:52","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=9193"},"modified":"2023-05-01T22:18:00","modified_gmt":"2023-05-01T16:48:00","slug":"strike-off-of-a-companies","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/strike-off-of-a-companies\/","title":{"rendered":"Complete Understanding of Strike off of a Companies!"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e4bd9f9eb53\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e4bd9f9eb53\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/strike-off-of-a-companies\/#Complete_Understanding_of_Strike_off_of_a_Companies\" title=\"Complete Understanding of Strike off of a Companies!\">Complete Understanding of Strike off of a Companies!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/strike-off-of-a-companies\/#Methods_of_Company_Strike_off\" title=\"Methods of Company Strike off\">Methods of Company Strike off<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/strike-off-of-a-companies\/#Documents_required_for_Company_Strike_off\" title=\"Documents required for Company Strike off\">Documents required for Company Strike off<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/strike-off-of-a-companies\/#Grounds_for_Company_strike_off\" title=\"Grounds for Company strike off\">Grounds for Company strike off<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/strike-off-of-a-companies\/#Process_for_company_Strike_off\" title=\"Process for company Strike off\">Process for company Strike off<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/strike-off-of-a-companies\/#Frequently_Ask_Question_on_Strike_off_of_a_Companies\" title=\"Frequently Ask Question on Strike off of a Companies\">Frequently Ask Question on Strike off of a Companies<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><a style=\"font-size: 16px;\" href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Company-Strike-off.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-9204\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Company-Strike-off.jpg\" alt=\"www.carajput.com; Company Strike off\" width=\"969\" height=\"545\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Company-Strike-off.jpg 560w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Company-Strike-off-300x169.jpg 300w\" sizes=\"(max-width: 969px) 100vw, 969px\" \/><\/a><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Complete_Understanding_of_Strike_off_of_a_Companies\"><\/span><span style=\"color: #ff0000;\">Complete Understanding of Strike off of a Companies!<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The company which has stopped its business operations and is not proposed to carry on the same in the future can apply with the ROC to strike off the company and closure of the company.<\/p>\n<p>The ROC also on certain grounds can order and strike off the name of the <a href=\"https:\/\/carajput.com\/blog\/tag\/public-limited-company\/\">company<\/a> from the register of companies.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Methods_of_Company_Strike_off\"><\/span><span style=\"color: #333399;\"><strong>Methods of Company Strike off<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The closure of a company can be made in the following ways:<\/p>\n<ul>\n<li>Registrar of companies orders for Company Strike off Suo Moto<\/li>\n<li>Strike off by voluntarily making an application by the company<\/li>\n<\/ul>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/image-10.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-12341\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/image-10.png\" alt=\"Introduction Company Strike off\" width=\"775\" height=\"1068\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/image-10.png 634w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/image-10-218x300.png 218w\" sizes=\"(max-width: 775px) 100vw, 775px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Documents_required_for_Company_Strike_off\"><\/span><span style=\"color: #333399;\"><strong>Documents required for Company Strike off<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Certified copy of Special resolution for Approving closure of the company<\/li>\n<li>Indemnity Bond in form STK-3<\/li>\n<li>Affidavit form STK-4 from every director of the company<\/li>\n<li>Statement regarding no pending litigation against the company<\/li>\n<li>Statement of assets and liabilities certified by the <a href=\"https:\/\/carajput.com\/\">chartered accountant<\/a>.<\/li>\n<li>In case the company is also regulated by any other regulator, then-No objection certificate from the regulator.<\/li>\n<\/ul>\n<p><strong><em><span style=\"color: #0000ff;\">Also read:<\/span><a href=\"https:\/\/carajput.com\/blog\/process-of-company-registration-in-india\/\">Process of Company Registration in India<\/a><\/em><\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/learn\/requirements-for-company-registration.html\"><em><strong>Requirements for Registration of a company<\/strong><\/em><\/a><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Grounds_for_Company_strike_off\"><\/span><span style=\"color: #333399;\"><strong>Grounds for Company strike off<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_9197\" aria-describedby=\"caption-attachment-9197\" style=\"width: 830px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/why.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-9197\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/why.jpg\" alt=\"www.carajput.com; ground of company strike off\" width=\"830\" height=\"415\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/why.jpg 318w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/why-300x150.jpg 300w\" sizes=\"(max-width: 830px) 100vw, 830px\" \/><\/a><figcaption id=\"caption-attachment-9197\" class=\"wp-caption-text\">www.carajput.com; ground of company strike off<\/figcaption><\/figure>\n<p>The grounds \/ Requirement for the closure of the company are as follows:<\/p>\n<ul>\n<li>Non-commencement of company business within one year of incorporation<\/li>\n<li>Non-operation of business activities of the company continuously for the last two years<\/li>\n<li>Non Receipt of subscription money from Subscribers of the company and Non-filing of form for the commencement of business.<\/li>\n<li>Non Operation of any business activities from the registered office of the company.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-24452\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Striciking-Off..jpg\" alt=\"Company and LLP Strike Off\" width=\"796\" height=\"812\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Striciking-Off..jpg 796w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Striciking-Off.-294x300.jpg 294w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Striciking-Off.-768x783.jpg 768w\" sizes=\"(max-width: 796px) 100vw, 796px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Process_for_company_Strike_off\"><\/span><span style=\"color: #333399;\"><strong>Process for company Strike off<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Convene a board meeting to discuss the matters of the closure of the company and to apply to the ROC for company strike off<\/li>\n<li>Convene an EGM and pass the special resolution to approve the matter of strike off of the company<\/li>\n<li>Apply for regulatory approvals, if the company is regulated by any other regulator<\/li>\n<li>Preparation of draft documents for Filing the forms for the closure of the company<\/li>\n<li>Filing of Form MGT-14 with the ROC<\/li>\n<li>Filing of Form STK-2 with the ROC for the closure of the company<\/li>\n<li>ROC will scrutinize the details and information and if he found any discrepancy in the form then the form will be sent for resubmission and in case all the relevant information and documents are provided then the ROC will provide the approval and the company will be struck off from the register of Companies.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Strike-Off-of-Company.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-12684\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Strike-Off-of-Company.png\" alt=\"Strike Off of Company\" width=\"866\" height=\"506\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Strike-Off-of-Company.png 587w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/10\/Strike-Off-of-Company-300x175.png 300w\" sizes=\"(max-width: 866px) 100vw, 866px\" \/><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Frequently_Ask_Question_on_Strike_off_of_a_Companies\"><\/span><span style=\"color: #ff0000;\"><strong>Frequently Ask Question on Strike off of a Companies<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Q 1 What are the fees for <a href=\"https:\/\/www.caindelhiindia.com\/blog\/key-points-on-annual-filings-to-roc\/\">filing form<\/a> for the closure of the company with ROC?<\/strong><\/p>\n<p><strong>Ans<\/strong> The fees for filing form STK 2 is\u00a0 INR 10000<\/p>\n<p><strong>Q 2 What happens in case the regulatory approval is not obtained from the regulator which regulates the company?<\/strong><\/p>\n<p><strong>Ans<\/strong> In that case, the ROC will send the form back for resubmission along with regulatory approval.<\/p>\n<p><strong>Q 3 For how much time a company shall be inoperative to apply with ROC for the closure of the company?<\/strong><\/p>\n<p>Ans The company must be inoperative for at least two years.<\/p>\n<p><strong>Q 4 What if the company has not completed all the compliances before filing form for the closure of business?<\/strong><\/p>\n<p>Ans The ROC shall send the form for resubmission along with all completed compliances.<\/p>\n<p><strong><span style=\"color: #0000ff;\">More read<\/span><\/strong>:\u00a0<strong><a href=\"https:\/\/carajput.com\/learn\/government-fees-for-company-registration.html\">Government Fees for registering the Company<\/a><\/strong><\/p>\n<p><strong><span style=\"color: #333399;\">Rajput Jain and Associates<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Complete Understanding of Strike off of a Companies! The company which has stopped its business operations and is not proposed to carry on the same in the future can apply with the ROC to strike off the company and closure of the company. The ROC also on certain grounds can order and strike off the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8789],"tags":[9327,9326,9324,9323,9325],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/9193"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=9193"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/9193\/revisions"}],"predecessor-version":[{"id":16919,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/9193\/revisions\/16919"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=9193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=9193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=9193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}