What is Company Strike Off?
Company Strike Off is the process of removing a company from the Register of Companies maintained by the Ministry of Corporate Affairs (MCA). This can be done either voluntarily by the company or by the Registrar of Companies (ROC) in case of non-compliance.
Services We Offer
Voluntary Strike Off
Fast Track Exit
Defunct Company Closure
Document Preparation
Application Filing
Liability Settlement
Asset Distribution
Post-Strike Off Support
Benefits of Professional Strike Off
Legal Benefits
- Compliant closure
- Legal protection
- Liability management
- Documentation
Financial Benefits
- Cost savings
- Tax closure
- Asset protection
- Liability settlement
Business Benefits
- Clean exit
- Reputation protection
- Future opportunities
- Peace of mind
Our Strike Off Process
Initial Assessment
- Company review
- Liability check
- Asset evaluation
- Compliance status
Preparation
- Document collection
- Application preparation
- Board resolution
- Shareholder approval
Filing
- Form submission
- Fee payment
- Public notice
- ROC processing
Closure
- Asset distribution
- Liability settlement
- Final documentation
- Status confirmation
Required Documents
- Board Resolution
- Shareholder Resolution
- Indemnity Bond
- Statement of Accounts
- No Objection Certificates
- Asset-Liability Statement
- Tax Clearance
- Previous Filings
Common Strike Off Challenges
Documentation Issues
- Missing documents
- Incomplete information
- Format issues
- Timeline management
Liability Issues
- Pending dues
- Tax liabilities
- Creditor claims
- Employee settlements
Compliance Issues
- Pending filings
- Regulatory requirements
- Public notice
- Objection handling
How We Help Overcome These Challenges
Documentation Support
- Document preparation
- Format guidance
- Review process
- Error correction
Liability Management
- Liability assessment
- Settlement planning
- Creditor management
- Asset distribution
Compliance Support
- Filing assistance
- Regulatory guidance
- Public notice
- Objection handling
Post-Strike Off Services
Documentation
- Final documentation
- Certificate preservation
- Record maintenance
- Future reference
Liability Management
- Final settlements
- Creditor management
- Tax closure
- Asset distribution
Advisory Services
- Future planning
- Business restructuring
- New ventures
- Strategic guidance
Why choose Finitra?
At Finitra, we don't just handle compliance; we empower your business. Here's why our clients trust us
Expert Guidance
Our team specializes in company law and MCA compliance.
Compliant & Secure
We ensure 100% compliance with MCA regulations and secure handling of your data.
Fast Processing
Efficient handling of strike-off process with minimal delays.
Dedicated Support
Personalized assistance for all your company closure needs.
Frequently asked questions
Find answers to common questions about company strike-off and how we can assist you.
Voluntary strike-off is initiated by the company itself, while fast track exit is a simplified process for defunct companies. Fast track exit is faster but has stricter eligibility criteria and requires additional documentation.
The strike-off process typically takes 3-6 months, depending on the company’s compliance status, pending liabilities, and ROC processing time. Fast track exit can be completed in 2-3 months if all requirements are met.
All assets must be distributed among shareholders, and all liabilities must be settled before strike-off. Any remaining assets or liabilities must be properly documented and handled according to MCA guidelines.