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Learn how to close a company: The ROC strike-off process simplified

Learn how to close a company through the strike-off process under section 248 of the Companies Act 2013. If you are a lawyer advising clients with the winding-off process, then this article can teach you an alternate procedure that is less complex and time-consuming than winding up.

Introduction

I remember that call I received from Mr. Sharma in 2023, around the same time the Minister of State for Corporate Affairs, Mr. Rao Inderjit Singh, informed the Lok Sabha that 128,000 companies had been struck off. 

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