Filing a proper application for winding up or closing a one person company (OPC), and following the prescribed procedure for closure, are absolutely necessary for closing the OPC legally and officially.
A Company closure is filed under Form STK 2 (Earlier form was FTE) along with the government fees of Rs.5000/- and some necessary docs.A Company closure can be filed after the following steps:
Documents Required for Closure of OPC
It is necessary to file Closure with the ROC as ROC or MCA data base need to be updated and the OPC is free from all its legal compliances as it is officially closed.
Even though business of the company is closed, unless closure documents are filed and approved by the ROC, company is not legally closed and the OPC needs to file all the regular returns.
The Form has to filled be filed with ROC office within 30 days from the date of Signing of the Statement of Assets and Liabilities.
Any OPC which has been inoperative for more than 1 year from the date of its incorporation can apply for Closure under FTE scheme.