Company Closing Service

Company Closure / Business Winding-Up Assistance

Company closing (also called company winding-up or business closure) is the legal process of shutting down a company and removing its name from the records of the Ministry of Corporate Affairs (MCA).

A company may decide to close due to financial difficulties, business restructuring, inactivity, or strategic decisions. The closure process involves completing several legal and financial formalities to ensure that all liabilities are settled and the company is officially dissolved.

Our Online Service Center provides professional guidance and assistance for the company closing process, ensuring that all regulatory requirements are properly followed.

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Process of Company Closure

The company closing process generally includes the following steps:

Board Resolution

The board of directors must pass a resolution approving the closure of the company.

Appointment of Liquidator

A liquidator may be appointed to manage the closure process, including settlement of liabilities and distribution of assets.

Application Filing

The company must submit a closure application to the Ministry of Corporate Affairs along with required documents and forms.

Tax Clearance

All pending taxes and statutory liabilities must be cleared, and a tax clearance certificate may be required.

Settlement of Debts

The company must settle all outstanding payments to creditors, employees, and other stakeholders.

Cancellation of Licenses

All business licenses, registrations, and permits must be cancelled.

Certificate of Closure

After completing all formalities, the authorities will issue a certificate confirming the closure of the company.

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Documents Required

• Digital Signature Certificate (DSC) of all directors

• Board resolution approving company closure

• Consent of all directors

• Declaration from creditors

• Final balance sheet and profit & loss statement

• Resolution for dissolution of the company