Winding Up Of Defunct Company

Steps To Take. When Closing A Business.

     

    What Companies are Closed with Form STK-2?

    • The company has not Commenced Operations in the stipulated time frame
    • Business operations have been inactive Since the Past Two Years
    • There are no Assets or Liabilities in the bank statements
    • No Litigation Pendingin the Central or State Government
    Documents of Company

    • All ITR and Returns Filed with ROC
    • Board Resolution Authorising the Closure
    • Affidavit from all the Directors
    • Indemnity Bond from all the Directors
    Financial Documents

    • Bank A/c and Closure Proof
    • Financial Statement showing NIL Assets and Liabilities

    Procedure

    01

    Take a decision in the shareholders meeting about the winding up of the said company with at least 75% voting rights

    02

    Surrender of GST and all other Government Registration & Licenses

    03

    Bank A/c Closure & Prepare a CA certified Financial Statement to show NIL assets and liabilities

    04

    Affidavit & Indemnity Bond of all directors affirming the truth of the information and any liability coming up the directors shall pay in person

    05

    Filing of STK-2 Form after filing the ITR & ROC Returns with the ROC, the application for closure of the company is to be filed online and the government fee of Rupees 10,000

    Winding Up Becoming Simplified Than Before

    Be eformed!