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Company Winding Up

For companies that need a formal closure — we manage voluntary liquidation: settling creditors, realising assets and dissolving the company the right way.

Overview

When a company has assets and liabilities to settle, a simple strike-off isn’t appropriate — the formal route is voluntary liquidation (winding up), led by an appointed liquidator who realises assets, settles creditors, distributes any surplus to members, and applies for dissolution.

GovYapar coordinates the process — resolutions, declarations of solvency, liquidator appointment and filings — so the company is closed cleanly and lawfully, protecting the directors.

What’s included

  • Winding-up eligibility & route advice
  • Board & member resolutions
  • Declaration of solvency support
  • Liquidator-process coordination
  • Creditor settlement & filings
  • Application for dissolution

Who needs this

  • Companies with assets/liabilities to settle
  • Solvent companies choosing to close formally
  • Directors wanting a lawful, protected closure

Documents required

  • CIN & incorporation documents
  • Financial statements & asset/liability details
  • Creditor & member details
  • Bank & statutory records
How it works

Simple, done-for-you process

A real Chartered Accountant handles the filing end-to-end.

1

Assess route

Confirm voluntary liquidation is right.

2

Resolve & declare

Resolutions & solvency declaration prepared.

3

Liquidate

Assets realised, creditors settled via liquidator.

4

Dissolve

Application for dissolution filed.

FAQs

Common questions

Strike-off suits a simple, inactive company with no liabilities; winding up (liquidation) is for companies with assets/liabilities to settle. We advise which applies.

Yes — voluntary liquidation is conducted by an appointed liquidator who manages the process. We coordinate it.

It’s a multi-stage process that can take several months to over a year depending on assets, creditors and approvals.

A proper, lawful closure protects directors from ongoing compliance liability and penalties, unlike simply abandoning the company.

Related

Related services

Wind up your company the right way.

Formal, lawful closure via voluntary liquidation — CA-assisted.

Talk to a CA →