Company Closure (STK-2 Fast Track)
Close your inactive Private Limited Company legally and permanently using the MCA STK-2 Fast Track Exit route. Eliminate compliance obligations, protect directors from disqualification, and get a formal dissolution order — without any NCLT proceedings.
STK-2
Form
MCA / RoC
Authority
3-6 Months
Timeline
₹9,999
Starting At
Director Disqualification
Penalty Risk
Liability Ends
Protection
What is Company Strike-Off?
Company strike-off is the legal process of removing a company's name from the Registrar of Companies records under Section 248 of the Companies Act, 2013. Once struck off, the company ceases to exist as a legal entity.
The STK-2 Fast Track Exit scheme provides a simplified, non-judicial route for companies that have nil assets, nil liabilities, and have not commenced or ceased business — avoiding costly and time-consuming NCLT winding-up proceedings.
Over 3 lakh companies are struck off by the MCA each year. Voluntary strike-off via STK-2 is far preferable to involuntary strike-off, which carries legal consequences for directors and leaves compliance records unresolved.
STK-2 vs NCLT Winding Up
Choose the right closure method
Note: Companies with pending liabilities, creditors, or assets must use the NCLT voluntary winding-up route instead of STK-2.
Who Should Close Their Company?
If your company falls into any of these categories, voluntary strike-off via STK-2 is the right move.
Inactive Companies with No Business
Companies that were incorporated but never commenced business or stopped operations can use STK-2 to avoid accumulating compliance defaults and director liabilities.
Companies with NIL Assets and Liabilities
STK-2 Fast Track Exit is specifically available to companies with nil assets and nil liabilities — the most common profile of shell or dormant entities seeking closure.
Entrepreneurs Pivoting to New Ventures
Founders who registered a company for an idea that did not materialise can cleanly close the entity before launching their actual business to avoid compliance overlap.
Companies after Failed Fundraising
Startups that registered a holding company or SPV for a deal that did not close can eliminate the entity rather than carrying indefinite compliance obligations.
Subsidiaries No Longer Required
Group companies closing a subsidiary after restructuring or post-merger integration can use STK-2 for efficient exit from the subsidiary entity.
Directors Facing DIN Deactivation Risk
Directors whose DIN is at risk due to pending annual filings of an inactive company should prioritise closure to protect their ability to serve on other company boards.
Benefits of Closing Your Company Properly
Formal closure eliminates ongoing costs, protects directors, and gives you legal certainty.
Eliminate Ongoing Compliance Costs
Closing a dormant company removes annual ROC filing (AOC-4, MGT-7), GST returns, income tax, PF/ESIC, and director KYC obligations — saving ₹25,000-₹50,000 annually.
Protect Directors from Disqualification
Section 164(2) disqualifies directors of companies that fail to file annual returns for 3 consecutive years. Strike-off ends this risk and cleans the director's record.
Remove Personal Liability Exposure
An inactive company can still attract notices and show-cause orders. Formal strike-off under STK-2 provides legal closure and removes the company from regulatory radar.
Free Up Director Capacity
Directors are limited in how many companies they can serve. Closing unused companies frees up directorship slots for new ventures and prevents DIN clutter.
Fast Track - No Court Involvement
The STK-2 Fast Track Exit route avoids lengthy NCLT proceedings. Eligible companies can be struck off within 3-6 months entirely through the MCA portal.
Clean Closure - Documented and Legal
Unlike simply abandoning a company, formal strike-off via STK-2 creates a legal record of closure, satisfying banks, partners, and investors if enquiries arise.
Enables Foreign Director Exits
Foreign nationals holding directorships in Indian companies can formally exit the Indian regulatory system by closing unused entities through the STK-2 route.
Creditor Protection via NCLT Route
Where creditors exist, the NCLT voluntary winding-up process provides a structured mechanism to settle debts and formally distribute remaining assets before dissolution.
STK-2 Filing Process - Step by Step
From eligibility check to final dissolution order — we manage the entire closure process.
Eligibility Check
Confirm the company has not commenced business or stopped operations, has NIL outstanding liabilities, has filed all GST returns, income tax returns, and cleared all bank accounts.
Board Resolution
Pass a board resolution authorising the filing of Form STK-2 for voluntary strike-off and appointing a director or representative to sign the application.
Indemnity Bond and Affidavit
Each director must execute an indemnity bond (STK-3) and a sworn affidavit (STK-4) declaring that the company has no liabilities and all statutory obligations have been met.
Statement of Accounts
Prepare a statement of accounts made up to a date not more than 30 days before filing. This must be certified by a practising Chartered Accountant to confirm nil assets and liabilities.
File Form STK-2 on MCA Portal
Upload Form STK-2 on the MCA portal with all attachments: board resolution, indemnity bonds, director affidavits, CA-certified statement of accounts, and no-objection certificates.
Public Notice by RoC
After receiving the STK-2 application, the Registrar of Companies publishes a public notice in the Official Gazette giving 30 days for any objection from creditors or the public.
Objection Period
During the 30-day public notice period, any creditor, regulatory authority, or interested party can file a formal objection. If no objection is received, the process moves to final dissolution.
Strike-Off Order and Dissolution
If no valid objection is received, the RoC issues the final order striking off the company name from the register. The company is legally dissolved and ceases to exist.
Documents Required for STK-2
All documents must be complete and accurate before filing. Our team prepares every document end-to-end.
STK-2 Disqualifiers
Your company cannot use STK-2 if any of the following apply:
If any of the above apply, you must use NCLT voluntary winding-up. We can guide you through both routes.
Timeline & Investment
Transparent pricing with no hidden charges. Fixed-fee engagement.
Timeline
Starting at ₹9,999
All-inclusive professional fee. Includes document preparation, STK-2 filing, CA certification of accounts, and compliance clearance support.
Frequently Asked Questions
Everything you need to know about closing a company in India via STK-2.
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