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Closure

STK-2

Application for removal of name. Ask the ROC to strike the company’s name off the register.

Who filesA company that has extinguished liabilities and meets the strike-off conditions.
Governing lawSection 248
DueNo universal annual date. File only when the eligibility conditions are met.
How it is filedMCA V3.
FeeThe fee prescribed for STK-2, which is a fixed government fee rather than a capital slab.
CertificationProfessional certification and an indemnity from directors.

When to file

  • The company has not commenced business, or has not been carrying on business for the period the rules require, and liabilities are nil.

Attachments

  • Statement of accounts not older than 30 days
  • Indemnity bond
  • Affidavit of directors
  • Board resolution and special resolution, or consent of 75% of members

Steps

  1. Clear loans, charges and statutory dues.
  2. Close bank accounts after the statement of accounts.
  3. File STK-2 and watch for the ROC’s notice.

Questions

Can we strike off with an open charge?
No. An open charge, a pending prosecution, or a recent prohibited change will stall or reject the application.

VerifiedAct + Rules — Section 248 and the Removal of Names Rules.