The Ministry of Corporate Affairs has introduced the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026), offering significant relief for companies seeking closure under Section 248 of the Companies Act, 2013. The scheme allows eligible companies—those not operational or inactive—to apply for strike-off at a reduced fee of ₹2,500 (25% of the standard ₹10,000). It also enables regularization of pending filings without additional penalties, simplifying compliance. The strike-off process requires board and shareholder approvals, filing of Form MGT-14 and STK-2, submission of affidavits and financial statements, and clearance of liabilities. The Registrar of Companies issues public notice and, in the absence of objections, dissolves the company through Gazette notification. However, directors and members remain liable for existing obligations even after dissolution. The scheme aims to promote ease of doing business by reducing compliance burden and facilitating cost-effective exit for inactive companies.
Close Your Company at Just 25% Fee! Latest CCFS-2026 Benefits and procedure
Thinking of closing your company?
The Ministry of Corporate Affairs (MCA) has made it cheaper and easier with its Companies Compliance Facilitation Scheme, 2026 (CCFS‑2026). Here’s everything you need to know in one place.
What is Company Strike-Off?
Strike-Off is a procedure where a company voluntarily removes its name from the ROC register, effectively closing the company.
1. Applicable Provisions:
– Section- 248 of Chapter XVIII of the Removal of the name of the company from the register of companies
– Rule 24 of The Companies (Management and Administration) Rules, 2014 and the Companies (Removal of Name of Companies from the
B. Eligibility for Strike-Off
A company can apply for strike-off if:
- Has not commenced business within 1 year of incorporation
- Has not carried out business for the last 2 financial years
- Subscription money not received or INC-20A not filed
- Physical verification by ROC shows no business
PROCEDURE:
| Sr. No | Particular | Timeline / Date |
| 1. | Board Meeting
Hold a Board Meeting to: 1. Approve proposal for removal of company’s name (strike off). 2. Authorise a Director to file Form STK-2 with ROC. 3. Decide to obtain 75% members’ consent (paid-up capital basis) or 4. Fix date, time & place of General Meeting to pass Special Resolution. 5. Approve draft notice + explanatory statement. 6. Authorise Director/Officer to issue notice to members. |
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| 3. | Obtain NOC (If Applicable)
Required for regulated entities like:
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| 4. | Shareholders’ Approval
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GM Notice: 21 clear days (unless shorter notice consented)
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| 5. | File MGT-14 with ROC | Within 30 days of passing Special Resolution |
| 6. | Prepare Documents
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| 7. | File Form STK-2
Attachments include:
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| 8. | The Company shall also place the application on its website, if any, till the disposal of the application | |
| 9. | If defects found in STK-2 – Resubmission allowed | Within 15 days of intimation |
| 10. | ROC issues Public Notice (STK-5/STK-6); publication in MCA website, Gazette & newspapers | After scrutiny of STK-2 |
| 11. | Intimation to regulatory authorities (IT Dept etc.) – Objection Period | 30 days from notice |
| 12. | If no objection, ROC issues dissolution notice in STK-7 (Gazette publication) | |
| 13. | Company stands dissolved from date of Gazette publication | |
| 14. | NOTES :
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2. Steps are applicable to private companies:
All the above mentioned steps are applicable to a private company.
Recent Waiver: CCFS‑2026 (One-Time Compliance Relief)
Issued by: MCA – General Circular No. 01/2026, 24th Feb 2026
Key Benefits:
- Regularize pending statutory filings without additional fees/penalties
- File Form STK‑2 at only 25% fee (₹2,500 instead of ₹10,000)
- Fast & smooth company closure
- Reduce total cost and hassle of strike-off
**This document is for educational purposes only and does not constitute legal advice.
Author : CS Jyoti Soni , at M/s Ronak Jhuthawat & Co, Practicing Company secretary Call: +91 98874 22212 | Email: compliancerjac@gmail.com
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