Exit your business cleanly and compliantly with expert winding-up services from Finance
Shelter
Picture this…
Your company’s operations have ceased, but the legal and compliance obligations linger.
Without proper winding up, penalties, legal notices, and blocked bank accounts can haunt you for years.
With Finance Shelter, your company’s closure is handled professionally—whether by strike off, declaring dormant status, or formal liquidation. We manage all filings, approvals, and stakeholder communications, ensuring a smooth and hassle-free exit.
1. Why Proper Winding Up Matters
- Legal closure – Comply with Companies Act provisions to avoid future liabilities.
- Avoid penalties – Non-compliance attracts fines, prosecution, and director disqualifications.
- Clear liabilities – Proper liquidation ensures all debts and obligations are settled.
- Protect reputation – Clean exit maintains your credibility for future ventures.
- Regulatory compliance – ROC, tax authorities, and other agencies are duly informed.
2. Types of Winding Up & Closure We Manage
- Strike Off – Voluntary removal of company name from ROC register when inactive or no longer required.
- Dormant Company Status – Declaration for companies with no significant accounting transactions, reducing compliance burden.
- Liquidation – Formal process of winding up assets, paying creditors, and dissolving the company under court or tribunal supervision.
3. Finance Shelter’s 5-Step “Exit-Ready” Protocol
- Assessment & Advisory – Evaluate company status, liabilities, and recommend the best closure route.
- Documentation & Resolutions – Prepare board/shareholder resolutions, affidavits, and necessary declarations.
- Regulatory Filings – File prescribed forms with ROC, tax authorities, and other regulators.
- Stakeholder Communication – Notify creditors, employees, and other stakeholders as required.
- Closure Confirmation – Obtain official strike off/dormant status certificate or liquidation order.
Fastest record: 30 days from application to strike off approval.
4. Common Pitfalls We Avoid
- Filing strike off without settling statutory dues—leads to rejection.
- Ignoring creditor or employee claims—risks legal challenges.
- Missing deadlines for dormant company filings—loses status and faces penalties.
- Incomplete liquidation documentation—delays court approvals.
- Failure to notify all stakeholders—creates compliance gaps.
Our 70-point checklist ensures a compliant and smooth exit.
5. Success Snapshots
- IT services firm – Voluntary strike off completed in 28 days, saving ₹2 lakh in ongoing compliance costs.
- Manufacturing company – Dormant status granted, reducing annual compliance by 70%.
- Retail chain – Court-supervised liquidation completed with full creditor settlement and zero litigation.
6. Why Finance Shelter?
- Ex-ROC officials and legal experts guide every step.
- End-to-end service: advisory, documentation, filings, stakeholder management, and closure.
- Transparent pricing with no hidden fees.
- Real-time WhatsApp updates and dedicated client support.
- Proven track record of zero compliance lapses and smooth exits.