How to shut down a private limited company without heavy fees?

How to shut down a private limited company without heavy fees?

Closing an inactive private limited company in India doesn’t have to cost a fortune. Under Section 248 of Companies Act, you can apply for a strike-off through the MCA portal. Prepare an affidavit and indemnity bond on stamp paper, get a CA-certified nil statement of accounts, and file Form STK-2 online. Pay only government fee and dissolve your company legally.

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