Running a business can be intricate, and there may come a time when a **Private Limited (Pvt. Ltd.)** company needs to be shut down due to reasons like a corporate sale, voluntary closure, or business failure.
Regardless of the cause, it is essential for the directors to adhere to the legal requisites and guidelines stipulated in the **Companies Act of 2013**. This entails following specific processes, fulfilling regulatory obligations, and conforming to legal formalities to ensure the proper closure of the Pvt. Ltd. company in compliance with the relevant laws and regulations.
A Pvt. Ltd. corporation must go through a **protracted compliance filing process** in order to voluntarily close. This involves events such as the approval of a special resolution by a majority of shareholders or the conclusion of the period for which the business was founded.
As per the Companies Act, 2013, if a company is declared as a **Dormant Company** (defunct), the government provides relief to wind up the company. This process requires the filing of the **STK-2 form** with the Registrar of Companies (ROC) for striking off the name.
Sujata Associates is best known for handling complicated legal issues related to business like company closure. With our extensive experience of **20 years**, we provide the most efficient legal services at a reasonable cost. During the **Covid-19 pandemic**, we are providing online services for our valuable clients. **Pvt. Ltd. Company closure in Kolkata** is now just a click away from you.
Get assistance for voluntary winding-up or fast-track exit (STK-2).
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