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Close your company legally and exit with complete compliance assurance.
Winding Up of Company, which is a highly sensitive compliance service.
Why It Matters
When a company is no longer active, it cannot simply “stop operations” — it must be legally wound up or struck off with the Registrar of Companies (ROC) under the Companies Act, 2013.
Proper winding up ensures:
- No future penalties for non-filing of returns or non-compliance
- Clear closure of tax, ROC, and legal obligations
- Protection of directors from future legal disputes and liabilities
- A clean corporate exit, preserving reputation with regulators and stakeholders
Failure to wind up properly can lead to:
- Heavy ROC penalties for non-filing (?100 per day)
- Disqualification of directors for 5 years
- Problems in starting new ventures or taking directorships
Modes of Winding Up
Strike Off (Fast Track Exit - FTE)
- For inactive or non-operational companies
- Filing Form STK-2 with ROC for voluntary closure
Voluntary Winding Up
- Initiated by shareholders when the company is solvent
- Involves liquidation of assets and settlement of liabilities
Compulsory Winding Up
- Initiated by Tribunal (NCLT) for legal/creditor-driven cases
- Requires detailed representation and compliance
Our Services
- Eligibility Check - Assess best mode of winding up (strike-off vs liquidation)
- Board & Shareholder Resolutions - Drafting resolutions for winding up approval
- ROC Filing (STK-2, MGT-7, AOC-4, etc.) - Mandatory forms & filings for closure
- Tax & Compliance Clearance - Income Tax, GST, PF, ESIC, PT reconciliations
- Liquidation Support - Assistance in asset realization & creditor settlements
- NCLT Representation - Support in compulsory winding up cases
- End-to-End Exit Advisory - Legal, financial, and regulatory compliance until dissolution
Why Choose FinnovateAI?
- CA + CS-Led Team - Specialists in corporate law & exit compliance
- End-to-End Execution - From board resolution to final ROC approval
- Risk-Free Closure - Ensure no pending liabilities remain after exit
- Fast Turnaround - Hassle-free strike-off for inactive companies
- Multi-Mode Expertise - Voluntary, compulsory, and fast-track exit handled
Our Process
- Consultation & Eligibility Check - Assess best mode of closure
- Resolution & Documentation - Drafting board/shareholder approvals
- ROC & MCA Filings - File STK-2, MGT-7, AOC-4, and related forms
- Regulatory Clearances - Income Tax, GST, PF, ESIC, bank closure support
- Final Approval - ROC confirmation of company dissolution
Who Needs It?
- Inactive or Dormant Companies
- Startups & SMEs that discontinued operations
- Investors & Promoters exiting entities post-merger/acquisition
- Companies under restructuring consolidating entities
- Businesses with compliance backlogs preferring clean exit
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