Closure of Nidhi Company

₹25,000.00

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About closure of Nidhi Company

Closing of a Nidhi Company is generally known as Strike off or company closure. Company closure is defined under newly notified rules Companies (Removal of Names of Companies) Rules, 2016 which are governed by section 248 of Companies Act, 2013. If you are not doing any business activity and not even doing Compliance as required under  the law, we suggest you to close your Nidhi Company.

Company Closure Process

  • Processing Digital Signature Certificate

  • Preparation and submission of application by the professional.

  • Submission of required documents completed in all aspects.

  • 20 to 25 working Days subject to government processing time.

  • Processing Digital Signature Certificate

  • Submission of required documents completed in all aspects.

  • Preparation and submission of application by the professional.

  • 20 to 25 working Days subject to government processing time.

Advantages of closure of Nidhi Company

  • Simple Closure Process

    A Nidhi Company can be closed easily by filing Form STK 2 (Earlier form was FTE) along with the government fees of Rs.5000/- and some necessary documents.

  • Saving in Compliance Cost

    Once Application for Closure of Nidhi Company is filed, No more further compliance are required to be done.

  • No Requirement for keeping records

    No more requirements for maintaining the documents after filing the application for closure of company.

  • No Director’s Default

    After Company formation there are certain mandatory compliance’s which are to be done yearly at the end of financial year. If company makes default in filing the annual documents to ROC, Company as well as it’s director’s are consider liable for this non compliance. But if you proceed for closure of Company then annual filing of Company is not necessary until & unless specified by ROC.

Frequently Asked Questions (FAQs)

01. How we help with Company Closure?

You can close your company with Registrationseva help within 20 to 25 days, subject to ROC processing time.

02. What is Closure Nidhi Company?

Closing of a Nidhi Company is generally known as Skrike off or company closure. Company closure is defined under newly notified rules Companies (Removal of Names of Companies) Rules, 2016 which are governed by section 248 of Companies Act, 2013. If you are not doing any business activity and not even doing Compliance as required under the law, we suggest you to close your Nidhi Company.

A Nidhi Company can be closed easily by filing Form STK 2 (Earlier form was FTE) along with the government fees of Rs.5000/- and some necessary documents.

03. Procedure to Close Nidhi Company in India?

A Nidhi Company can be closed easily by filing Form STK 2 (Earlier form was FTE) along with the government fees of Rs.5000/- and some necessary documents.

04. Reason to close Nidhi Company?

Closure of Nidhi Company is a good step to avoid being in default If you are not doing any business activity and not even doing Compliances as required under  the law.

05. Documents Required for Closure?

Documents Requirement

  1. Digital Signature are Required
  2. Indemnity Bond notarised by Directors (STK 3).
  3. Statement of Accounts latest.
  4. Statement of Accounts containing assets & liabilities of the Company Audited by CA.
  5. Affidavit in Form STK 4 by every Company.
  6. Special Resolution or Consent of atleast 75% Members.
  7. Bank Account Closure Certificates
  8. PAN Card of the Company.

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