Company Strike Off & Closure (Form STK-2)
Legally close defunct companies without incurring ongoing compliance penalties. SNB Consultancy handles fast-track corporate closure via Form STK-2 under Section 248 of the Companies Act, 2013, managing director affidavits, indemnity bonds, and ROC public notice approvals.
If a Private Limited Company or One Person Company has failed to commence business within 1 year of incorporation, or has not carried on any business activity for 2 consecutive financial years, the founders can apply to the Registrar of Companies (ROC) for voluntary closure using Form STK-2 under Section 248(2) of the Companies Act, 2013.
Our Company Strike Off Services Include:
- Financial health check & verification of zero liabilities & assets
- Drafting Director Indemnity Bond (Form STK-3) & Affidavit (Form STK-4)
- Board Resolution & Special Resolution (Form MGT-14) preparation for shareholder consent
- Statement of Accounts preparation (Form STK-8) certified by a practicing Chartered Accountant
- Closing company bank accounts & surrendering GST / PAN / TAN registrations
Eligibility & Mandatory Conditions for Form STK-2 Closure
To qualify for voluntary strike-off under Section 248, a company must satisfy strict statutory preconditions:
Strike-Off Eligibility Criteria
| Statutory Precondition | Requirement & Audit Verification | Common Obstacle Resolved |
|---|---|---|
| 2-Year Inactivity Period | No commercial operations or financial transactions for at least 2 financial years. | Prevents ROC rejection due to active bank transactions. |
| Nil Assets & Liabilities | All debts paid off, bank accounts zeroed out, & balance sheet cleared. | Requires CA-certified Form STK-8 Statement of Accounts (max 30 days old). |
| 75% Shareholder Approval | Special resolution passed by at least 75% majority of members by paid-up share capital. | Ensures all co-founders agree to entity dissolution. |
Documents Required for STK-2 Filing
- Director Affidavits & Indemnity Bonds: Form STK-4 affidavit and Form STK-3 indemnity bond executed on non-judicial stamp paper.
- Statement of Accounts (Form STK-8): Certified by a practicing CA showing nil assets and liabilities.
- Bank Account Closure Letter: Official NOC from bank confirming corporate account closure.
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ViewStrike Off Your Defunct Company Legally
Partner with SNB Consultancy for Form STK-2 preparation, director STK-3/STK-4 affidavit drafting, bank account closure, and ROC clearance.
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