Received a strike-off notice from the ROC?
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Strike off under the Companies Act, 2013 is the official process to wind up a company by removing its name from public records. This can be done voluntarily by filing a petition with the Registrar of Companies (ROC). Once approved, the company’s name is removed from the register through an official notice.
Alternatively, the ROC may issue a notice for strike-off, or the company can apply for it directly. The entire process is governed by Sections 248 to 252 of the Act, ensuring a simple and legal closure.
A company may pass a special resolution or get consent from 75% of its shareholders (based on paid-up capital) to apply for strike-off from the Register of Companies — a process known as voluntary strike-off.
The company can apply after clearing all liabilities, if:
After receiving the application, the ROC issues a public notice as required by law.
Non-commencement of business within one year of incorporation or remaining inactive for two consecutive financial years.
The ROC sends a formal notice to the company and its directors about the proposed removal of the company name.
The company gets 30 days from the notice date to file its response along with required documents to the ROC.
To apply for the strike off of a company, the following key documents are generally required:
It is recommended to consult a legal expert or relevant authorities for specific and updated requirements.
Eliminates recurring expenses like annual fees, audits, and compliance filings — ideal for non-operational or inactive companies.
Directors are freed from the responsibility of maintaining records, filing returns, and meeting regulatory obligations.
Offers a clear, legal method to close a business that is no longer active or profitable.
Once struck off, the company’s details are removed from public databases, offering greater privacy and reducing visibility of business information.
A board meeting is held to approve key matters, including authorising a director to apply for strike-off and issuing notice for an Extraordinary General Meeting (EGM).
All company debts and obligations must be settled before proceeding with the strike-off application.
An EGM is conducted to obtain formal approval from shareholders for the company’s closure.
If governed by any regulatory authority, necessary consents are secured to ensure full compliance.
Sperso Filings prepares and submits required forms such as MGT-14 and STK-2 to the ROC along with applicable fees, completing the strike-off process.
In special cases, exceptions may be granted with ROC approval, such as when liabilities are fully covered despite ongoing proceedings.
Strike-off company status means that the company has been officially dissolved and removed from the Register of Companies. After this process, the company no longer holds legal existence or operational rights.
Once struck off, the business is considered inactive, with no authority to trade or carry on activities. Its assets, liabilities, and obligations are settled as per applicable laws and regulations.
Sperso Filings delivers expert legal services, specialising in company strike-off and revival under the Companies Act, 2013. Our experienced team guides you through the entire process — from document preparation to petition filing — ensuring smooth and hassle-free compliance in just a few days.
The process usually takes 3 to 6 months, depending on document completion and ROC approval.
Strike-off may be delayed if the company has pending dues, unresolved disputes, or ongoing legal proceedings.
No, once a company is struck off, it ceases to exist legally and cannot be bought or transferred.
Directors lose authority after dissolution but may remain liable for any past fraud or misconduct.
The company ceases to operate legally, and its name is removed from the ROC’s register.
In compulsory strike-off, the company’s assets may be used to settle liabilities, and directors can face legal action if required.
It means the company is dissolved and inactive, with no right to conduct business.
File Form STK-2 with ROC along with required documents and fees through the MCA21 portal.
No, after strike-off, the company cannot sell or transfer assets unless restored by the ROC.
Yes, by filing a revival petition under Section 252 of the Companies Act, 2013, subject to ROC approval.