CALCULUS VISION
Closure / Strike Off Services
Exit legally. Close cleanly. Protect future interests.
When a business becomes inactive, commercially unviable, or strategically redundant, formal closure is essential. Simply ceasing operations does not extinguish statutory obligations. Legal strike-off or closure must be carried out in accordance with the Companies Act, 2013 and relevant regulatory provisions to prevent future notices, penalties, or director liabilities.
At Calculus, Closure and Strike-Off Services are executed with structured evaluation, statutory compliance, and documentation discipline to ensure a legally clean exit.
When is Strike-Off Applicable?
Not all inactive entities qualify automatically.
- Inactive or Non-Operational Companies
Entities that have ceased business activities and have no significant assets or liabilities may apply for strike-off, subject to eligibility conditions. - No Pending Litigations or Regulatory Dues
Companies must settle statutory liabilities, tax dues, and compliance filings before initiating closure. - Promoter Decision for Voluntary Exit
Where continuation is commercially impractical, promoters may opt for lawful dissolution to avoid recurring compliance costs.
Eligibility assessment is critical before proceeding.
Scope of Closure / Strike-Off Services
From evaluation to final deregistration.
- Eligibility Review & Risk Assessment
Examination of financial position, statutory compliance status, and outstanding obligations to determine feasibility of strike-off. - Settlement of Statutory Dues
Ensuring GST, income tax, ROC filings, and other regulatory obligations are cleared before application. - Preparation of Required Documentation
Drafting of board resolutions, indemnity bonds, affidavits, and statutory forms required for closure. - Filing with Registrar of Companies
Submission of strike-off application to the Registrar of Companies along with prescribed documentation. - Post-Closure Confirmation & Record Maintenance
Ensuring official strike-off order is obtained and records are preserved for future reference.
Risks of Improper Closure
- Continued statutory filing obligations despite inactivity.
- Director disqualification due to non-compliance.
- Penalty notices for pending filings.
- Personal liability exposure in case of unresolved dues.
- Reputational impact affecting future ventures.
A structured closure eliminates long-term regulatory exposure.
Benefits of Proper Strike-Off
- Legal cessation of compliance obligations.
- Protection of promoters and directors from future liabilities.
- Elimination of recurring compliance costs.
- Clean statutory record for future business initiatives.
Strategic Exit Planning
In certain cases, alternatives such as voluntary liquidation, merger, or restructuring may be more appropriate than simple strike-off. A professional evaluation ensures the correct exit route is chosen.
Closure and Strike-Off Services at Calculus are handled with statutory precision and procedural clarity—ensuring your business exits legally, compliantly, and without leaving unresolved liabilities behind.
CALCULUS VISION 