Company Strike-Off with Legal Workz
The Swift & Simple Path to Closure
When a company becomes inactive or has no future business plans, leaving it to accumulate compliance burdens and penalties is a significant risk. The “Strike-Off” procedure is a legal and efficient way to close a dormant or defunct company by removing its name from the Register of Companies (ROC). It’s a quick, cost-effective alternative to a full liquidation process. At Legal Workz, we provide comprehensive services to help you “strike off” your company’s name, ensuring a clean and legally compliant exit.
Why Opt for a Company Strike-Off?
Simply abandoning an inactive company can lead to severe consequences for its directors and shareholders. A professional strike-off process ensures:
- Elimination of Compliance Burden: It removes the need for mandatory annual filings (e.g., AOC-4, MGT-7) with the Ministry of Corporate Affairs (MCA), saving you from recurring fees and potential penalties.
- Avoidance of Penalties: It prevents the accumulation of fines and legal action from the ROC for non-compliance.
- Director Protection: It protects the directors from being officially “disqualified” by the ROC, which can happen if a company remains non-compliant for an extended period.
- Peace of Mind: It provides a clean and final break from a defunct company, allowing you to move on to new ventures without a lingering liability.
Our End-to-End Company Strike-Off Service
At Legal Workz, we specialize in managing the entire strike-off process under Section 248 of the Companies Act, 2013. Our service is designed to be seamless and stress-free: