Close Your Business Properly — Or Face Penalties Forever
An improperly closed company or LLP continues to attract compliance obligations and penalties year after year. Big4India handles the complete closure process — from backlog clearing to strike-off application.
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Overview
Winding up (or closure) of a company, OPC, or LLP is the legal process of dissolving the entity and removing it from the register maintained by the Registrar of Companies. This is essential when a business is no longer operating — because an active registration continues to attract annual filing obligations and penalties even with zero business activity.
For companies (including OPC), the most common route is voluntary strike-off under Section 248 (STK-2). For LLPs, the closure application is filed through Form 24. Both require clearing all compliance backlogs, settling all liabilities, and closing bank accounts before filing.
Big4India handles the complete closure process — clearing pending filings, obtaining NOCs, drafting resolutions, and filing for strike-off — so the entity is properly dissolved with no trailing obligations.
Key Benefits
- End perpetual compliance obligations and annual filing requirements
- Avoid ongoing penalties on a dormant entity
- Proper closure protects directors from future liability
- Clean regulatory exit with ROC
- Settlement of all outstanding liabilities
- Release of directors' DINs from the entity's compliance burden
Step-by-Step Process
3-6 months from initiation to final strike-off (includes mandatory ROC notice period).
Closure Assessment
We review the entity's compliance status, pending filings, outstanding liabilities, bank account status, and determine the best closure route.
Backlog Clearance
All pending annual returns, financial statements, and other filings are brought up to date. Outstanding late fees are computed and paid.
Liability Settlement
All outstanding liabilities — tax, statutory dues, creditors — are settled. Bank accounts are closed after settling all dues.
Resolution & Consent
We draft the board/partner resolution for closure and obtain consent from all directors/partners and creditors.
Strike-Off Application
We file STK-2 (for companies) or Form 24 (for LLPs) with ROC along with all required documents and declarations.
ROC Approval & Dissolution
ROC publishes notice and, after the prescribed waiting period, strikes off the entity. A dissolution order is issued.
Documents Required
- Board/partner resolution for closure
- Consent of all directors/partners
- No Objection Certificate from creditors (or declaration of no liabilities)
- All pending filings brought up to date
- Bank account closure proof
- Income Tax clearance certificate or NOC
- GST cancellation proof
- Affidavit and indemnity bond from directors/partners
Transparent Pricing
Complete closure package including backlog clearance and strike-off application.
What's Included
- Compliance health check and closure assessment
- Backlog filing clearance (up to 2 years)
- Board/partner resolution drafting
- All NOC and consent documentation
- STK-2/Form 24 application
- ROC follow-up until strike-off
- GST cancellation filing
- Income tax final return filing
- Dedicated CA/CS team
STK-2 filing fee: ₹5,000-₹10,000 (companies). Form 24 filing fee: ₹50-₹200 (LLP). Additional late fees for backlog filings.
Why Choose Big4India
End-to-End Closure
from compliance backlog clearance to final strike-off, everything handled.
Tax Closure
we handle final income tax return, GST cancellation, and tax authority NOCs.
Director Protection
proper closure protects directors from future liability and DIN complications.
Transparent Timeline
we explain the process timeline upfront so you know what to expect.
Backlog Specialists
even entities with years of non-filing can be closed. We clear the backlog first.
Affordable
starting at ₹7,999, far cheaper than years of accumulated penalties.
Frequently Asked Questions
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