KRYSTAL7
Business Solutions Made Simple
Temporary Business Pause

Company Dormancy Status:
Pause Operations Legally While Staying Compliant.

Thinking of closing a dormant company? Don’t let compliance risks linger. Strike off your company with zero legal penalties and full peace of mind. Exit cleanly and protect your director status.

Close Your Company Now
Zero Legal Risk Fast & Transparent ROC Approved
The Legal Exit

What is Voluntary Strike Off?

Voluntary Strike Off is a simple, affordable process under Section 248(2) of the Companies Act, 2013, allowing inactive companies to close officially, without NCLT, without liquidators, and with minimal hassle.

Who is Eligible?

This fast-track exit is designed for clean, inactive companies that meet specific criteria.

  • Never Started Business: For companies that were incorporated but never commenced operations.
  • Inactive for 2+ Years: No business activity or significant accounting transactions in the last two financial years.
  • Zero Assets & Liabilities: The company must have no assets and no outstanding liabilities or dues.
  • No Pending Litigation: No ongoing legal cases or disputes against the company.

Strike Off vs. Winding Up

It's crucial to choose the right method. Strike off is the modern, simpler exit for dormant companies.

  • Strike Off: A direct, ROC-based process for simple cases with no assets/liabilities. Fast and affordable.
  • Winding Up/Liquidation: A court-driven (NCLT) process involving liquidators, meant for complex cases with assets and creditors.

Our Service

Krystal7 specializes in Voluntary Strike Off services, not winding up or liquidation.

Strike Off vs. Letting a Company "Lapse"

Parameter Voluntary Strike Off Letting Company Lapse
Speed 2–4 months (post-application) N/A (company remains active)
Cost Low (ROC fee + professional charges) High (accruing penalties)
Legal Risk Minimal if fully compliant High (prosecution, disqualification)
End Result Official closure, ROC order Not closed, director reputation risk
Our Roadmap

Our End-to-End Strike Off Process

We handle the entire process, ensuring every legal requirement is met.

1

Compliance Check & Prep

We verify eligibility, check for pending filings, and draft all resolutions, affidavits, and bonds for your signature.

2

Financials & NOCs

We coordinate with a CA for the certified NIL balance sheet and guide you in obtaining NOCs from GST/tax authorities.

3

Filing Form STK-2

Once all documents are ready, we meticulously prepare and file Form STK-2 with the ROC, along with all attachments.

4

ROC Follow-up & Closure

We continuously follow up with the ROC, handle any queries, and deliver the final, official strike-off order to you.

Compliance Traps

Common Mistakes to Avoid

Avoid these common pitfalls to ensure a smooth and successful strike-off.

Pre-Filing Errors

Failing to prepare correctly is the most common reason for rejection or delays.

  • Unresolved Assets/Liabilities: You must settle EVERYTHING before applying. Even a small bank balance can cause issues.
  • Outdated ROC Filings: All pending annual returns (AOC-4, MGT-7) and director KYC (DIR-3 KYC) must be filed first.
  • Ignoring Other Registrations: You must cancel or get an NOC for GST, PF, ESIC, and other registrations before applying.

Process & Documentation Errors

Incorrect documentation or approach can invalidate the entire process.

  • Incomplete Director KYC: All director details must be accurate and documents must be complete to avoid ROC queries.
  • Using an Old Balance Sheet: The CA-certified Statement of Accounts must not be older than 30 days from the date of application.
  • Letting Company "Lapse": This is the biggest mistake. It doesn't close the company and exposes directors to disqualification and penalties.
Ready for a Hassle-Free Exit?

Close Your Company the Right Way

Choose Krystal7 for a strike off that’s fast, transparent, and legally secure. Zero penalties, zero hidden risks.

Fast Process
2-4 Months

ROC Approved
Form STK-2 Filing

Zero Risk
Full Compliance

Book your Krystal7 exit session now.

Let us close your company the right way—zero penalty, zero hidden risk.

Questions Answered

Frequently Asked Questions

Everything you need to know about Voluntary Strike Off

No. A fundamental condition for strike off is that the company must have zero assets and zero liabilities. You must settle all dues and dispose of all assets before starting the process.

No. That's the main advantage of a voluntary strike off. It is a direct, Registrar of Companies (ROC)-based process and does not require any NCLT intervention or the appointment of a liquidator.

After filing Form STK-2, the ROC will publish the name for public objections. The entire process typically takes about 2 to 4 months, depending on the ROC's workload and procedures.

Yes. A statement of accounts showing NIL assets and liabilities, certified by a Chartered Accountant, is a mandatory attachment for Form STK-2. This statement should not be more than 30 days old.

Yes, it is highly recommended. You should ideally obtain NOCs (No Objection Certificates) or cancellation certificates from all relevant authorities like GST, PF, ESIC, and Income Tax before filing for strike off.

Yes, an application can be made to the NCLT to revive a struck-off company within 20 years from the date of the strike-off order, but only if there are valid legal grounds to do so.

The government (ROC) fee for filing Form STK-2 is ₹10,000. This does not include professional charges for document preparation, CA certification, and filing.

No, the government fee paid to the ROC is non-refundable, even if the application for strike off is rejected for any reason.

You cannot apply for strike off with pending compliance. All overdue forms, such as AOC-4 (Financials), MGT-7 (Annual Return), and DIR-3 KYC (Director KYC), must be filed with the applicable late fees before you can file Form STK-2.

If the closure is done legally and truthfully, the directors are protected from future liability for the company's past actions. However, liability for any fraud or misrepresentation during the company's operation or closure remains with the directors.