Start the Process
+91 44 25611073 WhatsApp Us

Secure & Compliant Company Liquidation in India.

Closing a business shouldn't be your hardest venture. We handle MCA strike-offs, IBC liquidations, and FEMA compliances for local and foreign entrepreneurs. Fast, legal, and hassle-free.

Compliance Control Panel Live Status
Process Phases 4 Phases
Pre-Application Pending
MCA Filing Pending
ROC Review Pending
Final Dissolution Pending
Dormant Risk Level
Medium
Low Medium High
3–6 Mo
Avg Closure
MCA+FEMA+GST
Coverage
0%
Success Rate

100% Compliance Guarantee

Every filing handled to MCA, FEMA, and GST standards. We own the process end-to-end.

3–6 Mo Fast-Track Strike Off Time

STK-2 route optimized for eligible companies. Expedited from documentation to final gazette notification.

Zero Hidden Professional Fees

Full cost transparency upfront. Itemised billing with no surprise charges at any stage of closure.

The Real Cost of Keeping a Dormant Company

Delaying liquidation leads to compounding late filing penalties, director disqualifications, and persistent compliance burdens. Understand the financial risk.

Cumulative Penalty Growth Annual ROC + GST non-compliance costs
Penalties Risk Level
₹5L+₹4L₹3L₹2L₹1L₹0
Year 1Year 2Year 3Year 4Year 5+
Indicative values based on typical MCA annual filing defaults + GST penalties.

Director Disqualification

Failure to file annual returns for 3 consecutive years triggers automatic DIN disqualification under Section 164(2) of Companies Act.

High Risk

Compounding Late Penalties

MCA imposes daily late fees on overdue ROC filings. For dormant companies, unpaid GST return penalties also accrue monthly.

Medium-High Risk

Persistent Compliance Burden

Even with zero business activity, a registered company must maintain statutory filings, audit requirements, and board meeting records.

Ongoing Liability

FEMA Exposure for Foreign Entities

Wholly Owned Subsidiaries with unrepatriated funds or unfiled Annual Performance Reports face FEMA penalties up to 3x the transaction value.

Critical for WOS

Tailored Liquidation Pathways

The regulatory requirements differ vastly based on your entity's origin. Select your entity type to view specific compliance frameworks.

WOS / Foreign Subsidiary

Foreign Subsidiary (WOS) Liquidation Framework

A Wholly Owned Subsidiary incorporated in India under FDI guidelines requires multi-authority clearances before final strike-off. This pathway addresses FEMA, RBI, and MCA requirements sequentially.

01

Board & Shareholder Resolutions

  • Special resolution for voluntary winding up
  • Board resolution authorizing closure
  • Parent company consent & approval letter
  • Declaration of solvency by directors
02

FEMA & RBI Compliances

  • Repatriation of outstanding share capital
  • FLA (Foreign Liabilities & Assets) return filing
  • Annual Performance Report (APR) clearance
  • FEMA Form FC-TRS for share transfer if applicable
  • RBI AD Bank intimation & closure confirmation
03

Tax Clearances

  • Nil GST outstanding certificate
  • Income Tax return filing (final year)
  • Tax clearance certificate from Income Tax dept.
  • TDS compliance verification & closure
  • Transfer pricing documentation if applicable
04

MCA Strike-Off (STK-2)

  • Application in Form STK-2 with statement of accounts
  • Affidavit by directors
  • Indemnity bond execution
  • ROC publication & objection period (30 days)
  • Final Gazette notification of company dissolution
FEMA violations discovered during WOS liquidation can result in compounding of offences with RBI. Early assessment is critical.
Indian Entity

Local Indian Entity Liquidation Framework

Private limited companies and LLPs incorporated in India have a more streamlined closure pathway, primarily through the MCA's STK-2 strike-off mechanism or formal IBC winding up depending on liability profile.

01

Eligibility Verification

  • No business activity for 2+ years (dormancy check)
  • No outstanding liabilities or pending litigation
  • Bank account balance nil or near-nil
  • No pending income tax assessment
02

Pending Filings & Compliances

  • Filing all overdue Annual Returns (MGT-7/AOC-4)
  • GST GSTR-10 final return filing
  • GST registration cancellation
  • Pending TDS / TCS returns closure
  • ESI & PF registration cancellation if applicable
03

Documentation Package

  • Board & shareholders resolution for closure
  • Statement of accounts (prepared by CA)
  • Affidavit by all directors (notarized)
  • Indemnity bond (on stamp paper)
  • Copy of last audited financial statements
04

ROC Filing & Dissolution

  • Filing STK-2 (companies) or Form 24 (LLP)
  • ROC review period and objection window
  • Publication in Official Gazette
  • CIN / LLPIN struck off from MCA register
  • Certificate of dissolution issued
If the company has outstanding debts, the voluntary liquidation route under IBC Section 59 or NCLT winding up may be more appropriate than STK-2.

The Fast-Track Strike Off Process (STK-2)

A complete phase-by-phase breakdown of the MCA's STK-2 voluntary strike-off pathway — from eligibility through final gazette notification.

01

Pre-Application Assessment

Eligibility verification, tax clearances, and statutory pre-requisites before filing.

  • Company eligibility check (2+ years dormancy)
  • GST returns filing + GSTR-10 final return
  • Income tax clearance certificate
  • PF / ESI registration surrender
  • Bank account closure confirmation
02

Documentation & MCA Filing

Prepare the STK-2 document package and submit on the MCA21 portal with DSC.

  • Board & shareholder dissolution resolution
  • CA-certified statement of accounts
  • Notarized affidavit by all directors
  • Indemnity bond on stamp paper
  • STK-2 e-form submission on MCA21
03

ROC Processing & Review

Registrar scrutiny, official Gazette public notice, and 30-day objection window.

  • ROC document scrutiny & approval
  • Deficiency notice response (if issued)
  • Official Gazette public notice publication
  • Objection window monitoring (30 days)
  • Objection resolution strategy if required
04

Final Gazette & Dissolution

ROC dissolution order, Gazette publication, and post-dissolution documentation.

  • ROC dissolution order issued
  • Official Gazette of India publication
  • Certified copy of dissolution order obtained
  • Final bank account closure
  • Statutory record archival (prescribed period)

Success Stories: Complex Case Resolutions

Resolved in 4 Months
Foreign WOS
Fast Exit

Singapore-Based IT Holding's Indian WOS

Challenge

The company had 5 years of unfiled APR reports with RBI and unrepatriated share capital. Parent company needed exit before its own restructuring deadline.

Solution

Managed RBI compounding application simultaneously with FEMA remediation. Filed all deferred APRs with a single compounding application, repatriated capital, and initiated STK-2.

Full dissolution achieved. RBI compounding accepted. All FEMA liabilities settled.
Resolved in 6 Months
Pvt Ltd
Debt Settlement

Startup with Unpaid Vendor Liabilities

Challenge

A technology startup had ceased operations with ₹28L in vendor dues and 3 years of unfiled GST returns. Directors faced disqualification risk.

Solution

Negotiated structured vendor settlement, filed all pending GST returns with GSTR-10 closure, obtained GST cancellation and cleared income tax dues before initiating STK-2.

Company struck off. Director DINs protected. All creditors settled within agreed terms.
Resolved in 9 Months
LLP
Clean Exit

Professional Services LLP — Multi-Partner Dispute

Challenge

3-partner LLP with a deadlocked management dispute, outstanding MSME dues, and no formal LLP agreement amendment for 4 years.

Solution

Mediated partner exit agreement, updated LLP agreement, settled MSME dues, filed overdue Form 8 and Form 11, then submitted Form 24 for voluntary strike-off.

LLP dissolved. All partner obligations documented. MSME dispute resolved without litigation.

What Our Clients Say

Real feedback from businesses we've helped close efficiently, compliantly, and without the stress.

"Our Singapore parent company needed to close its Indian WOS within a strict 90-day window. Despite 5 years of unfiled APR reports and complex FEMA liabilities, the team handled everything professionally. We achieved full dissolution on time. Exceptional expertise."

JL
James Liu CFO, TechVentures Asia Pte Ltd
WOS Exit

"Our startup had ceased operations with significant vendor dues and multiple years of unfiled GST returns. We were worried about director disqualification. The team cleared every pending filing, negotiated with creditors, and closed the company without any litigation. Completely stress-free."

AK
Anitha Krishnan Co-founder, Streamify Technologies
Pvt Ltd

"As a foreign director unfamiliar with Indian compliance, I was overwhelmed by the complexity. From FEMA repatriation to RBI intimation and final MCA strike-off, every step was handled with complete transparency. The 24-hour response commitment was actually kept throughout the entire process."

MC
Michael Chen Regional Director, NovaTech Systems Ltd
WOS Exit

"Our LLP had been dormant for over four years with a deadlocked partnership dispute. Finding professionals who understood both the legal nuances and the human dynamics was critical. They resolved the disagreement, cleared all statutory arrears, and obtained our dissolution certificate smoothly."

SR
Suresh Rajan Managing Partner, Apex Advisory LLP
LLP

Request a Free Liquidation Assessment

Tell us about your company status. Our legal experts will review your case and provide a transparent timeline and cost estimate within 24 hours.

Company Assessment Form Free · No Obligation
Please enter your name.
Please enter a valid email.
Please enter your phone number.
Please select your company type.
Please select your current status.

Assessment Request Submitted

Thank you. Our expert team will review your case and contact you within 24 hours with a detailed assessment and cost estimate.

Strict Confidentiality All submissions protected under attorney-client privilege guidelines.
24hr Response Time Expert review and first consultation within one business day.
Expert MCA/FEMA Counsel Reviewed by specialists with MCA, RBI, and FEMA compliance expertise.
Office Address
No.7 Sriji Palace,
17, E.V.K Sampath Road,
Vepery, Chennai – 600 007
Chat with us