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Quick incorporation process - most companies registered in 7-10 working days.
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Ready to Close Your Business Legally in Kolkata Today?
Expert CA/CS assistance for company, LLP, partnership, and sole proprietorship closure - starting from ₹4,999. 100% online via MCA V3.
Simple Process
Here's How It Works
01
Fill the Form
Share your basic details through the form.
02
Call to discuss
A dedicated expert will call to understand your requirements.
03
Close Your Company
Get professional assistance with company closure and strike-off procedures.
Pricing
Simple & Transparent Pricing
MOST POPULAR
Business Closure Package in Kolkata
From ₹4999 one-time professional fee
Complete within 9 days
Quick 9-day delivery Satisfaction assured
MCA Strike Off Application (STK-2/Form 24)
Board Resolution & Special Resolution Drafting
Director & Shareholder/Partner Consent
Indemnity Bond & Affidavit Preparation
CA-Certified Statement of Assets & Liabilities
Income Tax Filing Assistance
GST Cancellation Support (REG-16)
Complete Documentation & Filing
Expert CA/CS Handling
Post-Closure Compliance Guidance
*Statutory charges applicable as per government norms
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An all-inclusive solution for startups and expanding enterprises seeking a streamlined, compliant incorporation process.
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Application prepared and filed within 2 days.
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Important Notes
Multiple name options processed to maximize approval chances.
Backup names prepared in case your first choice is unavailable.
Package includes first-year compliance services: auditor appointment, annual filings, and related obligations.
BUSINESS CLOSURE SERVICES IN KOLKATA - AN OVERVIEW
Business closure in Kolkata is the legal process of permanently removing a registered entity from the records of the Ministry of Corporate Affairs (MCA) or other registering authorities. As of 2026, the MCA V3 portal handles all company strike-off applications online. Whether your company has fulfilled its purpose, been inactive for years, or you want to avoid ongoing compliance costs, closing the business properly is essential to protect directors from disqualification under Section 164(2) and avoid accumulating penalties of ₹100 per day per unfiled form.
The Companies Act, 2013 provides three primary routes for company closure: Voluntary Strike Off under Section 248 (Form STK-2) for companies with NIL liabilities, Compulsory Winding Up through NCLT under Sections 271-365 for insolvent companies, and IBC Section 59 Voluntary Liquidation for solvent companies with significant assets. For LLPs, Form 24 under the LLP Act, 2008 applies. Sole proprietorships and partnerships follow their respective deregistration processes.
Failing to close a company properly leads to director disqualification for 5 years, negative CIBIL impact affecting bank loan eligibility, and personal liability for directors under Section 164(2). Over 1.5 lakh companies were struck off by RoC in 2023-24 for non-compliance, with their directors barred from new appointments. If your business model has changed rather than ceased, consider business conversion services as an alternative to closure.
At IncorpX, we provide comprehensive business closure services in Kolkata for all entity types - Private Limited Companies, LLPs, OPCs, Partnership Firms, Sole Proprietorships, Nidhi Companies, Section 8 Companies, Public Limited Companies, Trusts, and Societies. Based on our experience closing 1,000+ companies across India, the average Pvt Ltd strike off takes 90 to 120 days when all compliances are cleared upfront. Our expert CAs and CSs handle the entire process from compliance clearance to final strike off with the RoC India, 100% online, starting at ₹4,999 with a satisfaction guarantee.
Quick Facts
Governing Law: Companies Act, 2013; LLP Act, 2008; Indian Partnership Act, 1932 • Regulator: Ministry of Corporate Affairs (MCA), NCLT • Processing Time: 3 to 6 months (company); 2 to 4 weeks (sole proprietorship) • Government Fee: ₹5,000 to ₹10,000 (company); ₹50 to ₹100 (LLP) • Professional Fee: Starting ₹4,999
Expert CA/CS team handles your closure end-to-end. No RoC office visits required.
Types of Business Closure Services
Different business structures require different closure procedures. Here are the company closure services we offer based on entity type:
Private Limited Company
Strike off via Form STK-2 under Section 248, or NCLT winding up under Sections 271-365. Government fee ₹5,000 to ₹10,000.
LLP Closure
File Form 24 under the LLP Act, 2008 with RoC. Government fee ₹50 to ₹100. All Form 8 and Form 11 must be filed.
One Person Company (OPC)
Strike off via Form STK-2 with simplified single-member approval. Same process as Pvt Ltd but with single director consent.
Partnership Firm
Dissolution deed under Section 39 of the Indian Partnership Act, 1932. File with Registrar of Firms, India.
Sole Proprietorship
Cancel GST, Shops & Establishment licence, MSME/Udyam registration. No MCA filing required. Fastest closure: 2 to 4 weeks.
Section 8 Company
Licence revocation by Regional Director under Section 8(9), followed by STK-2 strike off. Assets transferred to similar organisation.
Nidhi Company
Closure requires member repayment completion and RoC approval. Must settle all deposits before STK-2 filing. NCLT route for complex cases.
Public Limited Company
STK-2 or NCLT winding up. Requires shareholder approval at general meeting. Additional SEBI compliance for listed companies.
Trust Dissolution
Dissolution per trust deed provisions or Civil Court petition under the Indian Trusts Act, 1882. Cancel 12A/80G registrations.
Society Dissolution
Dissolution under the Societies Registration Act, 1860 (or state act). Requires 3/5th majority consent and asset transfer to similar body.
Reasons to Close a Company
Business owners close their companies for 6 common reasons. Understanding these helps in choosing the right closure method:
Business Objective Achieved
The company was created for a specific project or purpose that has been completed, and there is no need to continue operations.
Financial Difficulties
The business is unable to generate sufficient revenue, facing losses, or cannot meet its financial obligations to creditors.
Business Restructuring
Merging with another entity, converting to a different business structure, or consolidating multiple companies into one.
Partner/Director Disputes
Irreconcilable differences among directors, shareholders, or partners making it impossible to continue business operations.
Dormant Company
The company has been inactive for an extended period with no business transactions, making it a compliance burden.
New Business Ventures
Promoters want to focus on new business opportunities and close existing companies to reduce compliance obligations.
Warning
Not closing an inactive company leads to automatic penalties of ₹100 per day per pending form (AOC-4, MGT-7). Directors risk 5-year disqualification under Section 164(2) of the Companies Act, 2013, blocking all new directorships across India.
Methods of Company Closure in India
The Companies Act, 2013 provides different routes for closing a company based on its status, liabilities, and compliance history. Here's a comparison of the main closure methods:
Feature
Voluntary Strike Off (STK-2)
Compulsory Winding Up (NCLT)
IBC Section 59 Voluntary Liquidation
Applicable To
Companies/LLPs with NIL assets and NIL liabilities
All companies, especially those with significant liabilities or disputes
Solvent companies and LLPs with assets requiring orderly distribution
Initiated By
Company Directors/Shareholders
Creditors, Company, or Registrar
Company through Special Resolution + Declaration of Solvency
Authority
Registrar of Companies (RoC)
National Company Law Tribunal (NCLT)
Insolvency and Bankruptcy Board of India (IBBI)
Time Required
3 to 6 months
1 to 3 years
Must complete within 12 months
Estimated Cost
₹10,000 to ₹20,000
₹50,000+ (legal fees, tribunal costs)
₹50,000+ (insolvency professional fees)
Conditions
No operations for 2 years, NIL liabilities, all compliances filed
Company unable to pay debts, just and equitable grounds
Company must be solvent, declaration of solvency required
Key Forms
Form STK-2 with RoC
Company Petition with NCLT
Form G with IBBI + Special Resolution
Best For
Inactive companies with no liabilities
Companies with creditor disputes or insolvency
Solvent companies with assets exceeding ₹1 crore
Important Note
Voluntary Strike Off (STK-2) is the most common and cost-effective method for closing inactive companies with NIL liabilities. IBC Section 59 Voluntary Liquidation is the preferred route for solvent companies with significant assets. The erstwhile Fast Track Exit (FTE) scheme has been superseded by the streamlined STK-2 process. Ensure all tax returns are filed and there are no pending legal proceedings before applying.
Pro Tip
Over 90% of company closures use the STK-2 strike off route. Choose this method if your company has NIL liabilities and all annual filings are current. For companies that need to file pending returns first, consider our annual compliance services to clear backlogs before initiating closure.
Requirements for Company Closure in Kolkata
Before initiating the closure process, ensure your company meets these prerequisites:
DSC Tip
Ensure your Digital Signature Certificate (DSC) is valid before starting the closure process. An expired DSC costs ₹1,000 to ₹2,000 to renew and takes 1 to 2 working days. STK-2 cannot be filed without a valid Class 3 DSC.
Closure Prerequisites
Annual Returns FiledAll pending annual returns must be filed up to date
No Pending Tax DuesNo pending income tax, GST, or other statutory dues
Liabilities SettledAll liabilities settled or consent obtained from creditors
No Pending LitigationNo pending legal proceedings against the company
Bank Accounts ClosedBank accounts should be closed or have nil balance
Assets DisposedAll company assets must be disposed of or distributed
Special ResolutionSpecial resolution passed by shareholders
Documents Required for Strike-Off
Indemnity BondFrom all Directors
Statement of Assets and LiabilitiesCA-certified, not older than 30 days
Affidavit from DirectorsNotarized affidavit from all directors
NOC from Regulatory AuthoritiesIf applicable
Board Resolution & Special ResolutionCertified true copies
Step-by-Step Company Closure Process in Kolkata
Here is how IncorpX helps you close your company in Kolkata through the voluntary strike-off route:
Step 1: Assess Company Status & Choose Closure Method
Our experts review your company's status, compliance history, pending liabilities, and assets to determine the best closure method. We choose voluntary strike off (Section 248) for inactive companies with NIL liabilities, NCLT winding up for insolvent companies, or IBC Section 59 voluntary liquidation for solvent companies with significant assets.
Step 2: Clear All Pending Compliances
We assist in filing all pending annual returns (AOC-4, MGT-7), income tax returns, and GST returns to bring the company to a compliant status. Late filing fees of ₹100 per day per form must be cleared. Annual compliance filing services are available separately if needed.
Step 3: Settle Liabilities & Dispose of Assets
All company debts are settled, assets are sold or distributed to shareholders, and bank accounts are closed. Creditor consent is obtained where necessary.
Step 4: Pass Board Resolution & Special Resolution
Board meeting is convened to pass resolution for closure. An Extraordinary General Meeting (EGM) is held to pass special resolution with 75% majority.
Step 5: Prepare Closure Documents
We prepare all required documents including indemnity bond on stamp paper, affidavit, CA-certified statement of assets and liabilities, and NOCs from regulatory authorities. A valid Digital Signature Certificate (DSC) is required for the authorised director.
Step 6: File STK-2 with Registrar of Companies
The strike-off application (Form STK-2) is filed with the Registrar of Companies along with all supporting documents and prescribed fees of ₹5,000 to ₹10,000 based on authorised capital.
Step 7: Public Notice & Final Strike Off
RoC publishes a public notice giving 30 days for objections. If no objections are received, the company name is struck off from the register, and dissolution notice is issued. The entire process takes 3 to 6 months from filing.
Common Mistake Warning
Filing STK-2 without clearing all pending AOC-4 and MGT-7 returns results in automatic rejection by the RoC. Ensure all annual returns are filed and late filing penalties of ₹100 per day per form are paid before submitting the strike-off application.
Close your company legally with expert guidance from IncorpX!
Legal Framework & Statutory Provisions for Company Closure
Company closure in Kolkata is governed by multiple statutory provisions depending on the type of business entity. Understanding the legal framework helps ensure full compliance:
Allows a company to apply for removal of its name from the Register of Companies by filing Form STK-2 with the Registrar via the MCA portal. The company must not have carried on business for two consecutive years and must have no pending liabilities. This is the most commonly used route for closing inactive companies in Kolkata.
Provides for compulsory winding up through the National Company Law Tribunal (NCLT). Applicable when a company is unable to pay its debts, acts against the sovereignty of India, or when the tribunal finds it just and equitable to wind up the company.
Section 59 - Insolvency and Bankruptcy Code, 2016
Enables voluntary liquidation of a corporate person when the company has no debt or can pay its debts in full. Requires a special resolution and a declaration of solvency from directors. The process is overseen by an insolvency professional registered with the Insolvency and Bankruptcy Board of India (IBBI).
Section 75 - LLP Act, 2008 (LLP Closure)
Governs the winding up and dissolution of Limited Liability Partnerships. LLPs can be wound up voluntarily by partners or compulsorily by the NCLT. The voluntary route uses Form 24 under Rule 37(1) of LLP Rules, 2009.
Section 44 - Indian Partnership Act, 1932
Provides for dissolution of partnership firms by agreement, compulsory dissolution, or court order. Partners in Kolkata must settle accounts under Sections 48-55 and file dissolution deed with the Registrar of Firms.
Timeline & Cost Breakdown for Business Closure in Kolkata
The timeline and cost of business closure vary by entity type and chosen closure method. Here is a comprehensive breakdown for businesses in Kolkata, India:
Entity Type
Closure Method
Timeline
Govt Fee (₹)
Total Approx. Cost (₹)
Private Limited Company
Strike Off (STK-2)
3 to 6 months
₹5,000 - ₹10,000
₹10,000 - ₹20,000
Private Limited Company
NCLT Winding Up
1 to 3 years
₹25,000+
₹50,000 - ₹2,00,000+
Private Limited Company
IBC Section 59 Liquidation
Within 12 months
₹25,000+
₹50,000 - ₹1,50,000+
LLP
Form 24 Strike Off
3 to 5 months
₹50 - ₹100
₹5,000 - ₹8,000
One Person Company (OPC)
Strike Off (STK-2)
3 to 5 months
₹5,000 - ₹10,000
₹10,000 - ₹18,000
Partnership Firm
Dissolution Deed
2 to 4 weeks
Stamp duty (India rates)
₹5,000 - ₹12,000
Sole Proprietorship
Registration Cancellation
2 to 4 weeks
Nil (online cancellation)
₹2,999 - ₹5,000
Section 8 Company
Licence Revocation + STK-2
3 to 6 months
₹5,000 - ₹10,000
₹15,000 - ₹30,000
Nidhi Company
STK-2 / NCLT
6 to 12 months
₹5,000 - ₹10,000
₹20,000 - ₹50,000
Public Limited Company
STK-2 / NCLT
3 to 12 months
₹10,000+
₹25,000 - ₹1,00,000+
Trust
Trust Deed / Civil Court
2 to 6 months
Court fee (varies)
₹10,000 - ₹25,000
Note: Costs include professional fees, government filing fees, and stamp duty as per the India Stamp Act. Additional charges apply for pending compliance clearance (late filing fees of ₹100/day/form), DSC renewal (₹1,000 to ₹2,000), and GST cancellation. IncorpX professional fees start at ₹4,999 for all entity types.
From Our Experience
Based on 1,000+ closures handled by IncorpX, 78% of Pvt Ltd companies opt for STK-2 strike off (₹10,000 to ₹20,000 total cost), 15% require pending compliance clearance adding ₹5,000 to ₹15,000 in late fees, and only 7% need NCLT winding up. The most common delay is expired Digital Signature Certificates, which adds 1 to 2 working days and ₹1,500 to the timeline.
Documents Required for Business Closure in Kolkata
The documentation requirements vary by entity type. Here is a detailed checklist for businesses seeking closure in Kolkata:
Common Closure Documents
Form STK-2 / Form 24Strike-off application form (entity-specific) filed with RoC
Board ResolutionResolution passed by Board of Directors authorizing closure (Pvt Ltd/OPC)
Special ResolutionShareholder approval with 75% majority at EGM (Pvt Ltd companies)
Partner ConsentWritten consent from all partners (LLP/Partnership Firm)
Indemnity BondExecuted by all directors/partners on non-judicial stamp paper
AffidavitSworn affidavit by directors/partners before notary public
Statement of Assets & LiabilitiesCertified statement showing nil position as on application date
Statement of AccountsAccount statement from incorporation/commencement to closure date
NOC from CreditorsNo objection certificate from all creditors (if any liabilities exist)
Nominee NOCAcknowledgment from nominee (OPC-specific requirement)
ITR AcknowledgmentsIncome tax return filings up to the closure date
GST Cancellation ProofApplication for GST registration cancellation (REG-16)
Post-Closure Obligations in India
After the company is struck off or dissolved, directors and partners in Kolkata must complete these post-closure obligations to avoid personal liability:
Post-Closure Obligations
Retain Records for 8 YearsPreserve all company books, financial records, and documents as per Section 128 of the Companies Act
File Final Income Tax ReturnSubmit the final ITR-6 for the period up to the date of dissolution on the Income Tax portal
Submit GSTR-10 Final ReturnFile the final GST return (GSTR-10) within 3 months of GST cancellation with the India GST authority
Cancel India Professional TaxDeregister from PT and file final PT returns with the India municipal authority
Surrender India Shops & Establishment LicenceCancel the licence with the local municipal corporation in Kolkata
Close Bank AccountsFormally close all company bank accounts with nil balance confirmation letter
File Final TDS ReturnsSubmit final TDS returns and obtain TDS closure certificate from the Income Tax department
Deregister PF/ESICancel PF and ESI registrations after settling all employee dues
Settle Employee DuesPay all pending salaries, gratuity, leave encashment, and PF contributions
Surrender LicencesReturn or cancel trade licences, FSSAI, IEC, and other regulatory licences in India
Notify StakeholdersInform vendors, clients, bankers, and service providers about the business closure
Transfer IP/DomainTransfer or cancel domain names, trademarks, and other intellectual property
Consequences of Not Closing a Company Properly
Abandoning a company without proper closure can have severe legal and financial implications:
Penalty Calculation Example
A company inactive for 3 years with 2 pending forms (AOC-4 and MGT-7) accumulates ₹2,19,000 in MCA penalties alone (₹100 × 365 days × 2 forms × 3 years). This excludes income tax penalties, GST penalties, and DIR-3 KYC non-filing consequences.
Consequence
Impact
Penalty/Action
Director Disqualification
Directors cannot be appointed in any other company
Barred for 5 years under Section 164(2)
Penalty Accumulation
Late filing fees continue to accumulate annually
₹100 per day per form (can run into lakhs)
Legal Prosecution
Directors face criminal prosecution for non-compliance
Fines and potential imprisonment
Credit Score Impact
Directors' personal CIBIL scores get affected
Difficulty in getting loans or credit
Tax Notices
Income Tax department continues to send notices
Interest and penalties on unfiled returns
RoC Strike-Off
RoC may suo-motu strike off the company
Still liable for past dues and penalties
Don't risk director disqualification. Close your company legally with IncorpX.
Why Choose IncorpX for Business Closure in Kolkata?
Complete Compliance Clearance
We file all pending AOC-4, MGT-7, ITR, and GST returns before initiating closure. No hidden compliance gaps.
DIN Protection Guaranteed
Our voluntary STK-2 process ensures directors' DINs remain active and unaffected. No disqualification risk.
Transparent Pricing from ₹4,999
All-inclusive packages with no hidden charges. Government fees, stamp duty, and professional fees clearly disclosed upfront. Full refund if STK-2 is not filed within 30 days of document completion.
Expert CA/CS Team
Dedicated Chartered Accountants and Company Secretaries handle all formalities. CS certification for STK-2, CA certification for financial statements.
100% Online Process
No physical visits to the RoC India office. Everything filed digitally via MCA V3 portal with DSC authentication.
All 10 Entity Types Covered
Pvt Ltd, LLP, OPC, Partnership, Sole Proprietorship, Nidhi, Section 8, Public Ltd, Trust, and Society closures handled.
Client Example
A tech startup Pvt Ltd in India had been inactive for 4 years with 8 pending forms (AOC-4 and MGT-7). Accumulated MCA penalties exceeded ₹2.9 lakh. IncorpX's team filed all overdue returns, obtained condonation of delay where applicable, prepared STK-2 documentation, and completed the strike off in 105 days. Total cost including government fees and penalties: ₹18,500. The 2 directors' DINs were protected from disqualification.
Other Business Services in Kolkata
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Closing a business involves legal formalities, compliance requirements, and state-specific deregistrations. Here are answers to the most frequently asked questions about business closure services in Kolkata:
Business closure is the legal process of removing a registered entity from MCA records. Under Section 248 of the Companies Act, 2013, a company can be struck off voluntarily by filing Form STK-2 with the Registrar of Companies. The process takes 3 to 6 months and applies to Pvt Ltd, OPC, and Public Limited Companies.
Failing to close an inactive company leads to director disqualification under Section 164(2) for 5 years, blocking new directorships. Pending annual return penalties accumulate at ₹100 per day per form (AOC-4, MGT-7). Your CIBIL score is also affected, making it harder to obtain bank loans or credit.
Yes. Under Section 252 of the Companies Act, 2013, a struck-off company can be revived by filing an application with the NCLT within 20 years of the strike-off date. The applicant must pay all pending fees, file overdue returns, and submit Form 9 along with a ₹2,500 DD challan.
During voluntary strike off via Form STK-2, the company must have NIL assets and NIL liabilities at the time of application. All assets must be distributed or transferred before filing. For NCLT winding up under Sections 271-365, a liquidator is appointed to sell assets and distribute proceeds to creditors in priority order.
Dormant status under Section 455 keeps the company active on MCA records with reduced compliance (no AOC-4 or MGT-7 filing). Company closure via Section 248 strike off permanently removes the entity. Dormant status suits companies planning to resume operations; closure suits entities with no future business intent.
If the RoC strikes off a company suo motu under Section 248(1) for non-filing, directors face disqualification under Section 164(2) for 5 years. This blocks all new directorships. Voluntary strike off via STK-2 does not trigger disqualification since the company clears all compliances before filing.
STK-1 is initiated by the Registrar of Companies (RoC) for suo motu strike off of companies that have not filed returns for 2 or more consecutive years. STK-2 is the voluntary application filed by the company itself under Section 248(2). STK-1 leads to director disqualification; STK-2 does not.
NCLT winding up is compulsory dissolution ordered by the National Company Law Tribunal under Sections 271-365 of the Companies Act, 2013. Grounds include inability to pay debts, fraudulent conduct, or public interest. The process takes 1 to 3 years, costs ₹50,000+ in professional fees, and involves appointment of an official liquidator.
Section 59 of the Insolvency and Bankruptcy Code, 2016 allows solvent companies and LLPs to voluntarily liquidate. It requires a declaration of solvency, special resolution, appointment of an insolvency professional as liquidator, and completion within 12 months. This route suits companies with assets exceeding ₹1 crore.
No. Voluntary strike off via Form STK-2 requires NIL liabilities as certified by a practising Chartered Accountant. All debts, vendor payments, employee dues, and tax arrears must be cleared first. If liabilities cannot be settled, the company must pursue NCLT winding up or IBC Section 59 voluntary liquidation instead.
Yes. All pending AOC-4 (financial statements) and MGT-7 (annual returns) must be filed before submitting Form STK-2. Similarly, all pending income tax returns (ITR-6) and GST returns (GSTR-3B, GSTR-1) must be current. Late filing penalties of ₹100/day/form apply and must be paid before closure.
You should apply for GST cancellation (Form REG-16) before or simultaneously with the strike-off application. The RoC does not mandate GST cancellation for accepting STK-2, but it is strongly recommended. Active GST registration after company closure creates compliance complications and attracts penalties from the India GST department.
File all pending annual returns (AOC-4, MGT-7) and ITRs. Pass a Board Resolution and Special Resolution (75% majority). Get a CA-certified Statement of Assets and Liabilities showing NIL balances. File Form STK-2 on the MCA V3 portal with ₹5,000 to ₹10,000 government fee. The RoC India processes the application and strikes off the company name in 3 to 6 months. Indemnity bond stamp duty in India is charged per the India Stamp Act schedule.
Ensure all Form 8 (Statement of Account) and Form 11 (Annual Return) filings are current. Obtain consent of all designated partners. File Form 24 on the MCA portal with government fee of ₹50 to ₹100 based on LLP contribution. The filing is processed by RoC India. Processing takes 3 to 5 months.
A sole proprietorship has no formal MCA closure process. Cancel your GST registration (REG-16) on the India GST portal, close the current bank account, surrender the India Shops and Establishment licence with the local municipal corporation in Kolkata, deregister from MSME/Udyam portal, and file the final income tax return. The process takes 2 to 4 weeks and costs around ₹2,999 with professional help.
Draft a Dissolution Deed under Section 39 of the Indian Partnership Act, 1932, signed by all partners on stamp paper. Stamp duty on the dissolution deed in India is charged per the India Stamp Act. Settle all partner accounts. Cancel GST registration, India Shops and Establishment licence, and file the final partnership ITR-5. File the dissolution deed with the Registrar of Firms, India. Timeline is 2 to 4 weeks.
Form STK-2 is the MCA e-form for voluntary company strike off under Section 248(2) of the Companies Act, 2013. It is filed by the company through an authorised director's DSC and must be certified by a practising Company Secretary. Government fee ranges from ₹5,000 to ₹10,000 based on authorised capital.
File Form REG-16 on the GST portal (www.gst.gov.in) for voluntary cancellation. Ensure all pending GSTR-3B and GSTR-1 returns are filed with the India GST authority. Within 3 months of cancellation, file the final return GSTR-10 declaring closing stock and tax liability. There is no government fee for GST cancellation.
Section 8 company closure requires licence revocation by the Regional Director under Section 8(9) of the Companies Act, followed by the standard STK-2 strike off process. Assets must be transferred to another Section 8 company or similar organisation. Government fee is ₹5,000 to ₹10,000. Timeline is 3 to 6 months after licence revocation.
Trust dissolution depends on the trust deed provisions. File a dissolution petition with the Civil Court or follow the deed's dissolution clause. Under the Indian Trusts Act, 1882, remaining assets must be transferred per trust objectives. Cancel PAN, TAN, and 12A/80G registrations with the Income Tax Department. Timeline is 2 to 6 months.
Company closure costs in Kolkata include professional fees starting at ₹4,999 (IncorpX) and government fees of ₹5,000 to ₹10,000 for STK-2 filing. Additional costs include DSC renewal (₹1,000 to ₹2,000), late filing penalties (₹100/day/form), and stamp duty on indemnity bonds as per the India Stamp Act. Total cost for a standard Pvt Ltd closure in India is ₹10,000 to ₹20,000.
IncorpX's closure package at ₹4,999 includes: MCA strike off application (STK-2), Board Resolution drafting, Director and Shareholder consent, Indemnity Bond preparation, CA-certified Statement of Assets and Liabilities, tax filing assistance, GST cancellation support, complete documentation, expert CA/CS handling, and post-closure compliance guidance.
Yes. The entire company closure process via Form STK-2 is filed online through the MCA V3 portal (www.mca.gov.in). Documents are signed using Digital Signature Certificates (DSC). No physical visit to the RoC India office is required. IncorpX handles the complete process remotely for businesses in Kolkata for ₹4,999.
STK-2 government fee depends on the company's authorised capital: ₹5,000 for authorised capital up to ₹1 lakh and ₹10,000 for ₹1 lakh to ₹5 lakh. Higher capital slabs attract proportionately higher fees per the MCA fee schedule. This is in addition to professional fees for CA/CS certification.
LLP closure costs significantly less than company closure. Government fee for Form 24 is ₹50 to ₹100 based on LLP contribution slab. Professional fees start at ₹4,999 with IncorpX. Additional costs include DSC renewal and pending return filing. Total LLP closure cost in India is typically ₹5,000 to ₹8,000.
Yes. Form STK-2 must be certified by a practising Company Secretary (CS) under the Companies Act, 2013. Additionally, a practising Chartered Accountant (CA) must certify the Statement of Assets and Liabilities. For NCLT winding up, an Insolvency Professional is also required under IBC Section 59.
Yes. If you closed your previous company through voluntary strike off (STK-2), there is no restriction on starting a new company. However, if your company was struck off suo motu by the RoC (STK-1) and your DIN was disqualified under Section 164(2), you must wait 5 years or get the DIN reactivated through NCLT.
Strike off (Section 248) is a simplified process for companies with NIL liabilities, taking 3 to 6 months and costing ₹10,000 to ₹20,000. Winding up (Sections 271-365) involves NCLT proceedings, a liquidator appointment, and creditor settlement, taking 1 to 3 years and costing ₹50,000+. Strike off suits clean companies; winding up suits companies with debts.
Voluntary strike off (Section 248(2), Form STK-2) is initiated by the company with NIL liabilities and all compliances filed. Compulsory strike off (Section 248(1), STK-1) is initiated by the RoC when a company fails to file returns for 2+ years. Compulsory strike off triggers director disqualification; voluntary does not.
Yes. If the business model has changed, consider conversion instead of closure. A Pvt Ltd can convert to LLP (saves compliance costs), a sole proprietorship can convert to Pvt Ltd (for growth), or a partnership can convert to LLP. Conversion preserves the entity's legal existence and avoids closure costs. Business conversion services start at ₹7,999.
Choose strike off (STK-2) if the company has NIL liabilities and assets under ₹1 crore; it costs ₹10,000 to ₹20,000 and takes 3 to 6 months. Choose IBC Section 59 voluntary liquidation for solvent companies with significant assets requiring orderly distribution; it costs ₹50,000+ and must complete within 12 months.
To close a company in Kolkata, you must first clear all pending compliances (AOC-4, MGT-7, ITR, GST). Pass a Board Resolution and Special Resolution (75% majority). Prepare closure documents including an indemnity bond on stamp paper per the India Stamp Act, CA-certified Statement of Assets and Liabilities, and sworn affidavit. File Form STK-2 with the RoC India via the MCA V3 portal. Processing takes 3 to 6 months. IncorpX provides end-to-end closure support for businesses in Kolkata starting at ₹4,999.
Companies registered with a registered office address in Kolkata fall under the jurisdiction of the Registrar of Companies (RoC), India. All STK-2 strike off applications and Form 24 LLP closures for companies in Kolkata are submitted electronically through the MCA V3 portal and routed to the jurisdictional RoC. The Corporate Identification Number (CIN) of your company contains the state code for India, which determines RoC jurisdiction.
Stamp duty for company closure documents in India is charged as per the India Stamp Act. The indemnity bond executed by directors during STK-2 filing requires non-judicial stamp paper. For partnership dissolution deeds, stamp duty also varies by state. Stamp duty rates differ significantly across Indian states. Use our CA team for exact India stamp duty calculations for your specific closure scenario.
In addition to central MCA and Income Tax compliance, closing a company in India requires:
India Shops and Establishment Act: Surrender the licence with the local municipal authority in Kolkata.
India Professional Tax: Cancel PT registration and file final PT returns with the India municipal authority.
India GST: File REG-16 for GST cancellation and GSTR-10 final return.
Labour Welfare Fund: Settle outstanding LWF dues if applicable in India.
Company closure timeline in Kolkata is the same as the national timeline since all STK-2 filings are processed centrally. Pvt Ltd/OPC strike off: 3 to 6 months. LLP closure (Form 24): 3 to 5 months. Sole proprietorship: 2 to 4 weeks. Partnership dissolution: 2 to 4 weeks. Processing speed depends on RoC India workload and whether any public objections are raised during the 30-day notice period.
Yes. If your company in Kolkata is registered under the India Professional Tax Act, you must cancel the PT registration and file final PT returns before or after company strike off. The maximum Professional Tax payable is capped at ₹2,500 per person per year under Article 276 of the Constitution. Settle all outstanding PT dues to avoid personal liability on directors after closure.
Yes. IncorpX provides comprehensive company closure services in Kolkata for all entity types including Pvt Ltd, LLP, OPC, Partnership, Sole Proprietorship, Nidhi Company, Section 8 Company, Public Ltd, Trust, and Society. Our team of expert CAs and CSs handles everything from compliance clearance to final strike-off with the RoC India. The entire process is 100% online with no physical visits required. Starting at ₹4,999.
After company dissolution in Kolkata, directors must: retain books for 8 years (Section 128), file the final ITR-6 on the Income Tax portal, submit GSTR-10 final return within 3 months of GST cancellation, deregister from India Professional Tax, cancel India Shops and Establishment licence with the Kolkata municipal authority, close all bank accounts with NIL balance confirmation, and notify all business stakeholders. IncorpX handles all post-closure compliances as part of our closure package.
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4.9/5
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5/5
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5/5
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