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Strike off Company | Fast Track Exit (FTE) | Closure of Company STK-2 You can shut down your company if you have no business since incorporation and it has already been one of your incorporations, or in the second case, for the last two years your company did not have any business. In either case, your company can be closed without following the long winding up procedure. In India, every year more than one lakh Companies get registered and majority of them do not even start their business.
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