Winding Up of a Company
Where a clean strike off isn't possible — because of assets, liabilities or disputes — a formal winding up is required. We assess the route and coordinate the process with qualified professionals.
Starts at
Custom
+ GST | MCA/government fees, additional fees, late fees and penalties vary by entity type, paid-up capital, turnover and due-date status
Timeline
A formal process over months
Documents
Accounts, liabilities & approvals
Formal closure
For assets/liabilities/disputes
Liquidator involved
Professionally coordinated
Pricing
Winding up a company
Winding up is a formal, professional-led process, scoped to your company's situation. We assess and quote after review.
Winding Up
Assess + coordinate
Quoted on review
- Route assessment
- Documentation & approvals
- Liquidator coordination
- Process management
Prices are professional fees and indicative. Government fees, stamp duty, DSC, PAN/TAN, state charges and third-party costs are extra and may change. A final engagement summary separates each component before payment.
Overview
What is Winding Up of a Company?
Winding up is the formal closure of a company that can't simply be struck off — typically because it has assets to distribute, liabilities to settle, or disputes to resolve. Assets are realised, creditors paid, and the company dissolved under a structured process.
Depending on the circumstances, this can be a voluntary liquidation (often under the IBC) or a Tribunal (NCLT) process, with a liquidator appointed. It's more involved, longer and costlier than a strike off, and needs qualified professional handling.
We assess the right route and coordinate the process with qualified professionals.
Is it for you?
Who needs it — and who doesn't
Recommended if
- Companies with assets/liabilities that can't be struck off
- Companies with creditor or shareholder disputes
- Businesses requiring a formal, supervised closure
- Companies where strike off was rejected
May not be needed if
- Clean, inactive companies with no liabilities (use strike off)
- Companies wanting to pause (dormant status)
Benefits
Why it's worth doing right
A lawful, final closure
A formal winding up properly settles assets and liabilities and dissolves the company.
Right route, professionally handled
We assess voluntary vs Tribunal routes and coordinate the professionals involved.
Eligibility
Eligibility & key conditions
- A company that can't be struck off (assets/liabilities/disputes)
- Board/member and creditor cooperation as required
Documents
Documents required
What we need
- Financials and statement of affairs
- List of assets and liabilities
- Creditor and shareholder details
- Approvals/resolutions
Process
A clear path from start to filed
Costs
Fees & cost breakdown
| Cost component | Indicative amount |
|---|---|
| Professional feeBy route and complexity | Custom |
| Liquidator/legal costsAs the process requires | Separate |
| Government/Tribunal feesStatutory | As applicable |
Deliverables
What you receive on completion
After this filing
What you need to stay compliant next
Final dissolution
On completion, the company is dissolved and removed from the register.
Avoid delays
Common mistakes & reasons for rejection
Common mistakes
- Attempting strike off where winding up is required
- Underestimating the time and cost
- Not settling creditors properly
- Going unrepresented in a complex process
AI-powered assistance
AI does the heavy lifting. Experts make the call.
AI assists with checks, drafting and explanations only. A qualified professional reviews every defined checkpoint and the final filing before submission. AI does not make consequential compliance decisions on its own.
Close a complex company, correctly
Where strike off isn't an option, we assess the winding-up route and coordinate the process with qualified professionals.
Compare
Winding Up of a Company vs Strike Off
| Factor | Winding Up of a Company | Strike Off |
|---|---|---|
| For | Assets/liabilities/disputes | Clean, inactive companies |
| Process | Formal, liquidator-led | STK-2 application |
| Cost & time | Higher, longer | Lower, a few months |
Why MyFinancialAdvisory
A more accountable way to stay compliant
Quality & accountability
Reviewed by compliance experts
Every winding up of a company engagement is prepared with structured checks and signed off by qualified professionals before anything is filed — speed without sacrificing accuracy.
Reviewed by
Reviewed by MyFinancialAdvisory Compliance Team
Company law & ROC review
Our ROC and MCA work is prepared with AI-assisted checks and reviewed by qualified professionals experienced in company law and MCA filings before any form is filed.
Structured document checks
Documents and eligibility follow structured checks before expert review.
Expert-reviewed before filing
A qualified professional signs off every defined checkpoint.
Compliance-safe guidance
Advice mapped to current rules — no shortcuts, no guesswork.
Keep exploring
Hub
MCA / ROC compliance
Annual filings, changes and closures for companies and LLPs, tracked end to end.
Service
Company Closure
Close a company cleanly via strike off (STK-2).
Service
Strike Off Company
Apply to strike the company off the register (STK-2).
Service
Winding Up LLP
Formal winding up of an LLP.
Service
Dormant Company Filing
Obtain and maintain dormant status (MSC-1/MSC-3).
FAQs
Winding Up of a Company — frequently asked questions
What is winding up a company?
The formal closure of a company that can't simply be struck off — because of assets, liabilities or disputes — where assets are realised, creditors paid, and the company dissolved under a structured process.
How is it different from strike off?
Strike off is the simple route for clean, inactive companies with no liabilities. Winding up is a formal, liquidator-led process for companies with assets, liabilities or disputes.
What are the winding-up routes?
Depending on circumstances, a voluntary liquidation (often under the IBC) or a Tribunal (NCLT) process, with a liquidator appointed.
How long does winding up take?
It's a formal process that typically runs over many months, depending on the route and the company's affairs.
Do I need a liquidator?
Yes, a winding up involves an appointed liquidator who realises assets and settles creditors. We coordinate the professionals.
When is winding up required instead of strike off?
When the company has significant assets, outstanding liabilities or disputes that a strike off can't address.
What does it cost?
More than a strike off — our coordination fee plus liquidator/legal and statutory costs, scoped to the situation.
What do I receive?
A route assessment, documentation and coordination through to the company's dissolution.
Ready to get winding up of a company done?
Start with a quick conversation. We’ll confirm scope, documents, fees and the next deadline.