Whether you are moving on to a new project or closing an entity that has served its purpose, "Striking Off" a company is the cleanest way to say goodbye to an inactive business. With the CCFS 2026, the government has opened a rare, high-discount window for business owners to exit without the burden of historical penalties.
Striking Off is a voluntary process to remove a company's name from the Registrar of Companies (ROC). It is the preferred exit route for companies that are no longer operational and have zero assets or liabilities. Unlike a winding-up, it is faster, cheaper, and does not require a court order.
A Company Secretary is the professional gatekeeper of the Strike Off process. Under the new digital regime, their role is more critical than ever.
A company can apply for voluntary closure if it meets any one of the following conditions and has completely zero assets and liabilities.
Following these guidelines will ensure your Strike Off application is approved at the first attempt, without costly rejections or delays.
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Ensure at least one director has an active DIN and a valid DSC for e-filing on the MCA V3 portal. Only one authorized signatory is required.
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Don't assume all directors must have active DSCs to file. While all must sign physical documents, only one authorized director needs the DSC for portal submission.
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Close all bank accounts before filing and obtain a Bank Closure Certificate from each bank as formal proof of account termination.
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Don't apply if the company has changed its registered name or shifted its registered office address within the last 3 months prior to filing.
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Take advantage of CCFS 2026 (ends July 15) to save 75% on STK-2 fees and 90% on pending annual return penalties.
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Don't leave any statutory dues pending — GST cancellation, Income Tax returns, PF/ESIC dues must all be cleared before filing.
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Have every director sign the physical Indemnity Bond (STK-3) and Affidavit (STK-4) — these are mandatory attachments to Form STK-2.
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Don't hide any pending litigation — active court cases, NCLT proceedings, or pending show-cause notices will lead to immediate rejection by the ROC.
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These misconceptions stop many business owners from taking timely action, often leading to bigger compliance problems down the line.
The process is methodical and sequential. Skipping any step will result in rejection of your STK-2 application by the ROC. Your CS will manage each stage.
Navigating the MCA V3 portal and the C-PACE requirements can be a technical maze. We specialize in seamless company exits, ensuring that your transition is legally watertight and cost-effective under the new CCFS 2026 guidelines. Take advantage of the scheme before July 15, 2026.