Company Closure (Strike-off)

Voluntary strike-off under Section 248 removes a defunct company from the register: eligible when it has no operations for two years (or never commenced business), no assets or liabilities, and closed bank accounts. The application is Form STK-2 with a statement of accounts (not older than 30 days), director affidavits (STK-4) and indemnity bonds (STK-3), plus a special resolution.

The prerequisite most people miss: overdue annual filings generally must be regularised before STK-2 is accepted — we compute that honestly against the alternative of the meter running forever. Directors of struck-off-by-ROC companies face disqualification; a voluntary, complete exit is the version that protects them. GST and other registrations are cancelled as part of the same project.