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Closure Of Company

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HERE'S HOW IT WORKS

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1. Fill Form

Simply fill the above form
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Simply fill the
above form to
get started.

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2. Call to discuss

Our Legal Consultent will
connect with you & prepare
documents.

Our Legal Consultent
will connect with you
& prepare documents.

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3. Get Documents

We will file your
Fast Track Closure
documents with ROC

We will file
your Fast Track
Closure documents
with ROC

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WHY STARTUPWALA

Startups served icon

180,000+

Startups served across India

startup centric legal expertise icon

10+

Years of startup centric legal expertise

Team members icon

100+

Team members at your service

Registrations icon

2,500+

Registrations done every month

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180,000+ STARTUPS TRUST US

180,000+ STARTUPS
TRUST US

Startupwala Client Review

Mr. Bikash Garabadau

Founder, Cosmo Trade
Bhubaneswar, Odisha
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There was a little bit of anxiety and doubt when I contacted them as I was from one side of the country and they were from other side and I was new to online filing and documentation process. But the service I got from them was marvelous. These guys are so professional, that I never felt to be new to them. The execution of papers, documentation and processing was first class. They finished the assignment before committed time and pricing is absolutely affordable and value for money.

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LET'S CLEAR ALL THE DOUBTS!

1. What is Closure of Company?

When existence of the Company as a legal entity comes to an end it is known as the Closure of the Company.

2. What is the difference between Closure, Winding up, Dissolution of Company?

- Closure of the company is done voluntarily and is done through the fast track exit scheme.
- Winding up of the company may be voluntary or by the order of the Court by appointing an official liquidator to monitor the process of winding up.
- Dissolution is initiated by the Court for ending the legal existence of the Company.

3. Why ROC filing is required for Closing a Company?

It is necessary to file Closure with the ROC as ROC or MCA data base need to be updated and the Company is free from all its legal compliances as it is officially closed.
Even though business of the company is closed, unless closure documents are filed and approved by the ROC, company is not legally closed and the company needs to file all the regular returns.

4. What is Fast Track Exit (FTE) Scheme?

FTE is a company closure scheme initiated by MCA for easy and faster closure of Company.

5. Which Company is eligible to apply for Closure of Company?

Any Company which is not a Section 8 Company and has been inoperative for more than 1 year from the date of its incorporation can apply for Closure of Company under FTE scheme.

6. What are the expenses and cost involved in Closing a Company?

The filing fees for Form FTE is Rs. 5000.
Fill the above details and submit. You will get documents in 1 minute.

7. What documents are required for Closure of Company?

Application for Striking off of the Company, Board Resolution for closure, Consent of Directors, Director's Affidavit, Indemnity Bond, Statement of Assets and Liabilities.

8. What Forms to be filed for Closing Company under Easy Exit Scheme of ROC?

Form FTE

9. What is time limit to file Closure documents with ROC?

The Form has to filled be filed with ROC office within 30 days from the date of Signing of the Statement of Assets and Liabilities.