Blogs

Business Compliance

iec certificate

IEC Certificate: What It Is and How to Get It for Import Export

Unlock the power of the IEC certificate. Our comprehensive guide helps you navigate the process and leverage this crucial document for your business.

Read More »
llp registration

LLP Registration Process in India: Step-by-Step Guide

Streamline your LLP registration in India with our step-by-step guide. Ensure compliance and get your business started right.

Read More »
"Understanding ROC filing process for Indian companies to maintain compliance."

The Role of Technology in Simplifying ROC Filings: Tools and Tips for Indian Businesses

How to Master ROC Filing: A Simple Guide for Indian Companies

Understanding ROC Filing Fundamentals

A shocking statistic reveals that 40% of Indian companies pay penalties annually because of incorrect or delayed ROC filing.

Many business owners struggle to grasp ROC filing meaning and requirements. The process feels like walking through a maze of complex regulations and deadlines. Missing these vital filings can get pricey – with fines reaching up to ₹5,000 each day of delay. Add ... or [...]  Read More

Read More »

Demystifying Company Strike-Off: A Step-by-Step Process for Indian Entrepreneurs

Did you know that 40% of business owners keep paying compliance costs for inactive companies because they don’t understand the closure process?

Understanding the company strike off procedure is significant for business owners who want to formally end their operations. Many people think the striking off procedure is complex and time-consuming. However, a voluntary strike off can be straightforward with the right approach.

Our detailed guide will help you through each step to close your company properly. You’ll learn about eligibility requirements, documentation, financial obligations and regulatory compliance. This guide covers everything about the strike-off process.

Let’s take a closer look at the essential steps that will help you make this important business decision confidently.

Understanding Company Strike Off Requirements

Let’s look at everything you need to know about the company strike off procedure. You should understand these requirements before starting the process.

Legal Eligibility Criteria for Strike Off

A company becomes eligible to strike off under two main conditions. The first applies when it hasn’t started business operations within one year of incorporation. The second kicks in when there are no business operations for two consecutive financial years.

The company needs to clear all its liabilities and get consent from 75% of its members based on paid-up share capital before applying for strike off.

Documents and Forms Required Add … or […]  Read More

Read More »

Contact Us