Company Strike-Off Process (STK-2): Complete Guide for Closing a Company

Prepared & Published by: Bhavik Bhoot
Strategic Tax, GST & Corporate Compliance Advisory – Mumbai
Published: February 2026

Closing a company legally under the Companies Act, 2013 requires proper compliance with the strike-off procedure prescribed by the Ministry of Corporate Affairs (MCA). One of the most commonly used methods is voluntary strike-off through Form STK-2, which allows companies to remove their name from the Register of Companies (ROC).

What is Company Strike-Off?

Company strike-off is the process of removing a company's name from the ROC register, resulting in the company being dissolved. Once struck off, the company ceases to exist legally.

Eligibility for Strike-Off under STK-2

A company with pending compliances or liabilities cannot apply for strike-off.

Documents Required for STK-2 Filing

Step-by-Step Strike-Off Process

1. Board Meeting

Pass resolution for strike-off and authorize directors.

2. Clear Liabilities

Ensure all dues, liabilities and statutory obligations are settled.

3. Prepare Documents

Draft indemnity bond, affidavit and financial statements.

4. File STK-2 Form

Submit STK-2 on MCA portal with prescribed fees.

5. ROC Verification

ROC reviews application and publishes notice.

6. Final Strike-Off

Company name removed from register and dissolved.

Government Fees for STK-2

The prescribed filing fee for STK-2 is ₹10,000.

Consequences of Strike-Off

Important Points to Consider

Conclusion

Strike-off through STK-2 is an efficient way to close inactive companies, but it requires careful compliance with MCA rules and documentation. Improper filing or missing compliance may lead to rejection or future legal complications.

For professional assistance with company closure and ROC filings, consult a Corporate Compliance Advisor in Mumbai.

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