📄 Strike Off vs Winding Up: How to Close a Company in Lucknow Properly
Is your company inactive, facing losses, or no longer operational? Closing a company the right way is just as important as starting one — and in India, you have two main options: Strike Off and Winding Up.
In this guide by Companies Filing Hub — Lucknow’s trusted ROC compliance and company closure consultant — we explain:
- What’s the difference between strike off and winding up
- Which process is faster, easier, and cost-effective
- Legal eligibility, documentation, timeline & cost
- Step-by-step process for company closure
- Common mistakes and how to avoid penalties
- How our experts help you close your company legally in Lucknow
Let’s get clarity on closing a company the right way.
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❓ What Does It Mean to Close a Company?
Closing a company legally means removing its name from the official register of companies maintained by the Ministry of Corporate Affairs (MCA).
If you simply stop doing business without formally closing the company, you will continue to receive compliance notices, late fees, and even director disqualification.
There are two legal ways to close a company in India:
- Strike Off (Fast Track Exit)
- Winding Up (Liquidation Process)
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🔁 Strike Off vs Winding Up – Key Differences
| Feature | Strike Off | Winding Up |
|---|---|---|
| Definition | Voluntary closure of inactive company | Formal liquidation of company with assets/liabilities |
| Suitable For | Companies with no operations & no liabilities | Companies with assets, loans, or disputes |
| Applicable To | Pvt Ltd, OPC, LLP, Section 8 | All registered companies |
| Governing Law | Section 248 of Companies Act, 2013 | Sections 270–365 of Companies Act, 2013 |
| Process Time | 2–3 months | 6–12 months (or more) |
| Cost | ₹6,000 – ₹10,000 (approx) | ₹40,000 – ₹1,00,000+ |
| Tribunal Involved | No | Yes – NCLT (National Company Law Tribunal) |
| Ideal For | Startups, dormant companies, closed LLPs | Companies with complex issues/assets/liabilities |
Companies Filing Hub helps you assess which method fits your situation and complete the legal procedure in Lucknow.
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✅ Who Can Apply for Strike Off?
You can apply for Strike Off if:
- Company is not carrying on any business for the past 2 years; or
- Company is not operational since incorporation and has no assets or liabilities
- All ITRs, ROC filings, and compliances are up to date
- There are no outstanding loans, disputes, or legal cases
Cannot apply for Strike Off if:
- Any legal proceeding is pending
- Company has active bank accounts or assets
- Any creditor or government dues are unpaid
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🧾 Documents Required for Strike Off in Lucknow
For Pvt Ltd / LLP / OPC:
- Board Resolution for closure
- Affidavit & Indemnity Bond (signed by all directors/partners)
- PAN Card, Aadhaar & DSC
- Statement of accounts (certified by CA)
- No Objection Certificate (NOC) from other authorities (if needed)
- Closure of bank account proof
- Latest ITR and ROC filings (AOC-4, MGT-7)
- Form STK-2 (MCA prescribed form)
We prepare all documentation, affidavits, financials, and file them digitally for you.
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🛠 Steps to Strike Off a Company – Process in Lucknow
- Board Resolution – Pass a resolution to close the company
- Clear Compliances – File pending ROC returns, ITR, and close bank account
- Prepare Affidavits, Indemnity Bond & Statement of Accounts
- File Form STK-2 on MCA Portal with digital signature
- Wait for MCA verification & public notice
- Certificate of Strike Off issued (Company legally closed)
⏳ Timeframe: 45–90 working days (typically)
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⚖️ What is Winding Up?
Winding up is a court-supervised process used when:
- The company has large unpaid debts
- There are unresolved legal disputes
- Creditors need to be paid by selling assets
- The company is being closed by order of the court (compulsory winding up)
It involves appointment of a liquidator, report to NCLT, and long legal formalities.
Recommended only when strike off is not applicable.
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💰 Cost of Company Closure in Lucknow (2025)
| Process | Approx Cost (₹) | Inclusions |
|---|---|---|
| Strike Off – Pvt Ltd/LLP | ₹6,000 – ₹10,000 | Filing, CA certificate, affidavits, DSC, ROC closure |
| Winding Up | ₹40,000 – ₹1,00,000+ | Legal representation, tribunal handling, audit reports |
🎯 Special Offer: Strike Off your dormant company in Lucknow for just ₹5,999 with end-to-end support.
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📍 Why Lucknow Companies Trust Companies Filing Hub
- 100+ Company Closures Completed
- Legal Experts + CAs + CS for end-to-end support
- Fastest turnaround with MCA
- No Hidden Charges – Transparent Packages
- Full Digital Process or In-Person Filing
Office Address:
3rd Floor, Suraj Plaza, Burlington Chauraha, Above Indian Bank, Lucknow – 226001
📞 Call or WhatsApp: +91-6306245232
📧 Email: companiesfilinghub@gmail.com
💬 Start Now:
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🙋 Frequently Asked Questions (FAQs)
Q. My company is inactive. Should I close it?
Yes, to avoid future penalties, compliance issues, and director disqualification — close it legally.
Q. What happens if I don’t file ROC returns or close the company?
You’ll continue to face late fees, compliance notices, and risk of director disqualification.
Q. Can I reopen a company after Strike Off?
No. Once struck off, the company can’t be revived unless by NCLT order (rare & expensive).
Q. What if I have GST still active?
We help you surrender GST and other registrations before Strike Off.
Q. Do I need to visit your office in Lucknow?
Not necessary. You can submit documents digitally, and we handle the rest.
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🚀 Close Your Company Legally & Safely in Lucknow
Whether you choose Strike Off or Winding Up — Companies Filing Hub ensures your company is closed with no loose ends.
✅ Expert-Led Legal Closure
✅ Fast MCA Processing
✅ 100% Peace of Mind
📲 Start Closure Today →
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