Private Limited Company Winding Up
Close your company the right way, whether it's dormant or you're exiting for good. Leegal assesses the right route and manages the filing end-to-end.
Ways to Wind Up a Private Limited Company
An inactive private limited company can generally apply for a fast-track strike-off with the Registrar of Companies, provided it has no pending liabilities, litigation or disqualifying conditions.
Where the company has liabilities, disputes, or its shareholders/creditors want a formal winding-up process, voluntary liquidation under the Insolvency and Bankruptcy Code is the applicable route instead, with a liquidator appointed to settle affairs.
| Fast-Track Strike Off | Voluntary Liquidation (IBC) |
|---|---|
| For companies with no pending liabilities or disputes | For companies needing formal settlement of assets/liabilities |
| Filed directly with the Registrar of Companies | Involves an insolvency professional as liquidator |
| Relatively quicker and simpler | More detailed process with creditor/member approval |
| Name is removed from the register once approved | Company is formally dissolved after liquidation |
Documents Required
Keep these ready before your consultation to speed up closure.
- Board and shareholder resolution approving closure
- Statement of accounts showing nil or settled liabilities
- Indemnity bond and affidavit from directors
- PAN and incorporation documents of the company
- Bank account closure confirmation
- Consent of all shareholders
How It Works
Eligibility Assessment
We review your company's liabilities and activity to confirm the right route.
Pending Filing Clean-Up
We help clear any overdue ROC returns first, a common prerequisite.
Documentation & Filing
We prepare resolutions, affidavits and file for strike-off or liquidation.
Confirmation
We track the application until the company is formally closed.
Fast-Track Strike Off
End-to-end filing for closing an inactive company with no liabilities.
Voluntary Liquidation
Coordination with an insolvency professional for a formal wind-up.
Pending Compliance Clean-Up
Clearing overdue filings that often block a smooth closure.
Why Close Through Leegal
- Experienced team that assesses the right route before you commit time.
- Clear, upfront pricing with no hidden charges.
- One dedicated point of contact throughout closure.
- Support clearing pending filings that block strike-off.
Talk to Our Team
GS006, Vikash Nagar, Ramgarh Cantt, Jharkhand 829122, India
Frequently Asked Questions
Can any inactive company apply for strike-off?
Generally yes, provided it has no pending liabilities, litigation or specific disqualifying conditions. We confirm eligibility during your consultation.
What if my company has outstanding liabilities?
Voluntary liquidation under the IBC is typically the appropriate route, involving a liquidator to settle affairs before dissolution.
How long does strike-off take?
It depends on documentation readiness and Registrar processing; overdue filings, if any, need clearing first, which can add time.
Can a struck-off company be revived later?
In certain circumstances, a struck-off company can apply for revival within a specified period, though this is a separate, more involved process.
Do all directors need to consent to closure?
Yes, board and shareholder approval is generally required as part of the closure process.
Ready to Wind Up Your Company?
Talk to our team and get a clear plan for closing cleanly -- no obligation.