Company Closure in Pune - Overview
📌 TL;DR - Company Closure in Pune Services at a Glance
Company closure in Pune involves legally dissolving a company and removing its name from the Register of Companies. The most common method is voluntary strike off under Section 248 of the Companies Act, 2013 - the company files Form STK-2 with C-PACE (Centre for Processing Accelerated Corporate Exit), pays Rs 10,000 government fee, and receives dissolution in 60-110 days. Eligibility: NIL assets and liabilities, no business for 2 preceding FYs, and all annual filings current. Before filing STK-2, the company must surrender GST (REG-16), close IT assessments, cancel PT/PF/ESI, close bank accounts, and settle all statutory dues. Failure to close an inactive company results in director disqualification under Section 164(2).
Pune's startup ecosystem has produced thousands of companies at Baner, Kharadi, Hinjewadi, and Koregaon Park. Not every venture succeeds. Failed startups, completed SPVs, dormant manufacturing units at MIDC Bhosari and Chakan, and NRI-held companies that never operationalised all need formal closure. Many Pune promoters leave companies inactive, unaware that annual compliance continues and failure to file for 3 consecutive years triggers director disqualification under Section 164(2). Learn more about Company Closure across India.
The cost of ignoring an inactive company far exceeds the cost of closing it properly. Since April 2023, all STK-2 applications are processed by C-PACE (Manesar) with 60-110 day timelines. After closure, founders benefit from Private Limited Company Registration in Pune for new ventures and Accounting Services for active entities.
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