{"id":209,"date":"2025-01-11T06:48:49","date_gmt":"2025-01-11T06:48:49","guid":{"rendered":"https:\/\/cwsdelhi.co.in\/nirmal\/?page_id=209"},"modified":"2025-01-11T10:17:00","modified_gmt":"2025-01-11T10:17:00","slug":"closure-of-company","status":"publish","type":"page","link":"https:\/\/cwsdelhi.co.in\/nirmal\/closure-of-company\/","title":{"rendered":"Closure of Company"},"content":{"rendered":"\t\t
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Closure of Company<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Home - Closure of Company<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Closing a company is a critical decision that involves a series of legal procedures to ensure a smooth exit without future liabilities. Whether your company is inactive, facing financial difficulties, or you simply want to shut it down, Nirmal G & Associate<\/strong> offers end-to-end assistance in Company Closure<\/strong> to ensure that you meet all regulatory requirements seamlessly.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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 <\/h5>\n

Methods of Company Closure<\/strong><\/h3>

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    Voluntary Strike-Off (Fast Track Exit Mode)<\/strong>
    Applicable when the company has no liabilities and no significant operations. This process involves filing for voluntary closure with the Registrar of Companies.<\/p>\n<\/li>\n

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    Winding Up by Tribunal<\/strong>
    This method applies when a company has outstanding debts or is unable to continue operations due to financial instability. The tribunal (NCLT) handles the winding-up process.<\/p>\n<\/li>\n

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    Compulsory Winding Up<\/strong>
    Initiated by a tribunal or creditors when the company is unable to pay its debts, has violated regulations, or has engaged in fraudulent activities.<\/p>\n<\/li>\n<\/ol>\n

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    When Should You Opt for Company Closure?<\/strong><\/h3>\n