Query regarding voluntary strike off
Khushbu Joshi
Hello All,
One of my clients wants to strike off a company. The company has not carried out any business activities since 2023, and its bank account has also been closed. However, in the 2022 annual filing, the balance sheet reflected fixed assets of ₹15,000 (laptop and computer) and loans & advances of ₹50,000 on the asset side.
In this case, is it necessary for the company to prepare a new balance sheet and get it audited again?
Thank you
Diksha Dubey
- Full statutory audit under Section 139/143 is NOT required again but CA certification of the statement of accounts is mandatory showing NIL balances. You must prepare a fresh statement of accounts, adjust/remove existing assets, and get it CA-certified before filing STK-2.
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Arun Kumar Maitra
Yes, it is necessary to prepare a new statement of accounts (Balance Sheet) and have it certified by a Chartered Accountant, even if the company has been inactive since 2023.
Under the Companies Act, 2013, voluntary strike-off (Form STK-2) requires that all liabilities are settled and that the company has no assets at the time of application. Since the 2022 balance sheet still reflects fixed assets and loans/advances, the company cannot proceed with the existing financial statement.