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Winding-Up · STK-2 Strike-Off · IBC Voluntary Liquidation

Company Winding-Up Cost Calculator

Compare the two ways to close a company — a fast, cheap strike-off (STK-2 / Form 24) versus a full voluntary liquidation under the IBC — with an all-in cost estimate live, in one screen.

🧭 Closure route
How are you winding up?
Choose strike-off if the entity is dormant with NIL assets & liabilities. Choose voluntary liquidation (IBC) if there are assets to realise and creditors to pay before dissolution.
🏢 Entity type
Which entity are you closing?
Companies strike off via Form STK-2 (₹10,000 govt fee); LLPs via Form 24 (₹500 govt fee). Voluntary liquidation under the IBC applies to companies.
📄 Pending compliance
Pending annual filings to clear Years of overdue returns before closure
yrs
All overdue annual returns and financials must be regularised before filing for closure, on either route. Each pending year is priced at ₹3,000 as a typical professional + additional-fee estimate.
🖋️ Professional plan
Level of hand-holding
Standard covers the core application and filing. Premium adds full drafting of resolutions, indemnity bonds, affidavits and end-to-end representation.

Cost breakdown

Strike-Off · Private Company
ComponentAmount
◆ Free Closure Assessment

Get your company wound up, end to end

We assess the right route, clear pending filings and file STK-2 / Form 24 or run the IBC liquidation for you.

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Disclaimer: Indicative estimate only. Government fees are as notified (STK-2 ₹10,000 / Form 24 ₹500). Voluntary-liquidation figures include a typical insolvency-professional / liquidator fee and public-announcement cost that vary with the size of the estate, assets to realise and creditors to settle. Professional fee quoted on assessment.

Strike-off vs voluntary liquidation

There are two clean ways to close a company. A strike-off (Form STK-2 for companies, Form 24 for LLPs) simply removes the name from the register — it is fast and cheap but only allowed when the entity is dormant with NIL assets and liabilities. A voluntary liquidation under the IBC is a formal wind-up run by a licensed liquidator who realises assets and settles creditors before dissolution — it is far costlier and meant for companies that actually have something to distribute.

Strike-Off — STK-2 / Form 24
Government fee — Company (STK-2)₹10,000
Government fee — LLP (Form 24)₹500
Professional fee — Company₹9,999
Professional fee — LLP₹6,999
Per pending annual filing₹3,000 / yr
Best for dormant / inactive entities with no assets to distribute. A company with 0 pending filings on the Standard plan closes for about ₹19,999 all-in.
Voluntary Liquidation — IBC
Insolvency Professional / liquidator fee₹1,00,000+
Public announcement & notices₹15,000
Professional fee (advisory & filing)₹49,999
Per pending annual filing₹3,000 / yr
For solvent companies with assets and liabilities to settle. A licensed liquidator is appointed to realise assets, pay creditors and apply for dissolution — total commonly ₹1.5 lakh+.

Two worked examples

For a strike-off the total is government fee + professional fee + (pending filings × ₹3,000). For a voluntary liquidation, add the liquidator fee and public announcement on top of a heavier advisory fee. Here are two common cases:

Strike-Off · Private Company 0 pending filings · Standard plan
Government fee (STK-2)₹10,000
Professional fee₹9,999
Pending filings (0 × ₹3,000)₹0
Total₹19,999
Voluntary Liquidation · Company 0 pending filings · Standard plan
Liquidator / IP fee₹1,00,000
Public announcement₹15,000
Professional fee₹49,999
Total₹1,64,998
These figures are typical estimates. Actual liquidation cost depends on the size of the estate, the assets to realise and the creditors to settle — enter your own numbers above for a live total on either route.

Key terms explained

Form STK-2

The application a company files with the ROC to strike its name off the register. It needs a special resolution, indemnity bond, affidavits and a statement of accounts, plus a ₹10,000 government fee. LLPs use the equivalent Form 24 (₹500).

IBC voluntary liquidation

A formal wind-up under Section 59 of the Insolvency & Bankruptcy Code for a solvent company. A licensed liquidator is appointed to realise assets, settle all creditors and then apply to the NCLT for dissolution.

Must clear dues first

Neither route is available while annual returns are overdue or dues are outstanding. Strike-off needs a NIL asset & liability position; liquidation needs every creditor paid before the company can be dissolved.

~₹21k vs ₹1.5L+

A dormant company strikes off for roughly ₹20,000–₹21,000 all-in, while a full voluntary liquidation runs ₹1.5 lakh and up because of the mandatory liquidator and public-announcement costs — so pick strike-off whenever the entity qualifies.

Frequently Asked Questions
What is the difference between strike-off and voluntary liquidation?

Strike-off under section 248 is the quick, low-cost route for a company with no business and no liabilities. Voluntary liquidation under section 59 of the IBC is a formal process with an appointed liquidator, public announcements and creditor claims — used when there are assets to realise or liabilities to settle.

When can I not use strike-off?

Where the company has assets or liabilities to deal with, has been carrying on business, has pending litigation or an ongoing inspection, or is a Section 8 company. Those cases go to voluntary liquidation.

What does voluntary liquidation cost?

Considerably more than strike-off — an insolvency professional's fee as liquidator, public announcement costs, valuation where assets are involved, and filings with the ROC and IBBI throughout. The process typically runs 9 to 12 months.

Do directors stay liable after closure?

The indemnity given in the strike-off application keeps directors liable for any liability that surfaces later. Liquidation, done properly, gives a cleaner break because claims are called for and settled during the process.

What should be done before applying either way?

Settle statutory dues and creditors, close bank accounts, surrender GST and other registrations, complete all pending ROC and income-tax filings, and prepare a nil statement of accounts not older than 30 days.

Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.