Eligibility
No business, no liabilities.
All roc & corporate compliance services
ROC & Corporate Compliance
Company and LLP Closure
When a company or LLP has stopped doing business, closing it properly stops the annual filings and late fees. FinAura brings filings current, clears liabilities and bank accounts, cancels registrations such as GST, prepares the statements and affidavits, and files the strike-off or closure application with the Registrar.
- Certification through associate practising CAs and CSs
- Bangalore and across India
- Reply within one business day
What is covered
What Company and LLP Closure Covers
A clean exit, not an abandoned company.
Pending filings
Brought up to date.
Liabilities and bank
Cleared and closed.
Registrations
GST and others cancelled.
Application
Strike-off or LLP closure filed.
Afterwards
Records kept as required.
How the month runs
How It Works
Settle, file, apply, close.
Step 1
Settle
- Liabilities
- Bank accounts
- Assets
Step 2
File
- Pending returns
- Final accounts
- Tax returns
Step 3
Apply
- Resolutions
- Affidavits
- Application
Step 4
Close
- Registrar's notice
- Struck off
- Records kept
Your part
What We Need From You
- 01Company or LLP documents and past filings
- 02Bank statements
- 03Details of any assets or liabilities
- 04Directors' or partners' DSCs
Our part
What You Get
- Pending filings completed
- Registrations cancelled
- Closure application filed
- An end to annual fees
A common question
Can a company just stop filing instead of closing?
It can stop filing, but late fees keep building, directors can be disqualified, and the Registrar may strike the company off on its own, which leaves directors exposed.
A voluntary strike-off after clearing liabilities ends the obligations cleanly. If the company still has assets or liabilities, winding up may be needed instead.
See the compliance health checkCloseStruck off
CompletePending filings
SettleLiabilities and bank
Who it is for
Who It Is For
Dormant companies
No business for a year or more.
Startups that pivoted
Old entity no longer needed.
Dormant LLPs
Building up late fees.
Groups simplifying
Closing unused subsidiaries.
The rules, in plain English
What the Law Says
Companies Act, 2013
Section 248
A company that has not carried on business for the period set, or never commenced business, can apply to the Registrar to be struck off after clearing its liabilities.
Official source: mca.gov.inLLP Act, 2008
Section 75 and rules
An LLP that is not carrying on business can apply to the Registrar to strike its name off the register.
Official source: mca.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
Company and LLP Closure: Questions, Answered
When can a company apply for strike-off?
When it has not carried on business for the period the Act sets, or has not commenced business, and has no liabilities, with the approvals the Act requires.
Do pending annual filings need to be completed first?
Generally yes, up to the period the rules require, before the application is accepted.
How is an LLP closed?
An LLP that has stopped business and has no liabilities can apply to the Registrar to be struck off, after its filings are current.
What if the company has assets?
Assets must be dealt with first; if liabilities cannot be cleared, winding up rather than strike-off may apply.
Often Taken Together
All 14 ROC & Corporate Compliance services01ROC & Corporate ComplianceCompliance Health CheckA one-time review of a company's ROC status: what is filed, what is overdue, what it would cost to fix.02ROC & Corporate ComplianceAnnual LLP FilingsThe statement of accounts and solvency and the annual return every LLP must file, even with no business.03Tax & ComplianceTaxationGST, income tax, TDS, tax planning and notice replies, from reconciled data.04Startups, Setup & GrowthAdvisory & Special ProjectsDue diligence, restructuring, CMA data and family business advisory, scoped as projects.