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Application for Company Name STK-6 | Download Free Templates

Team Lawyered
Team Lawyered
  • Jun 26, 2021
  • 2 min to read
Application for Company Name  STK-6 | Download Free Templates Lawyered

1. What is Form STK-6? 

Form STK-6 is used for striking off or removal of the company’s name. Pursuant to sub-section (2) and sub-section (4) of section 248 of the Companies Act. The company must have closed off all of its liabilities. A general meeting of shareholders should be held, and a resolution to remove the Company's name from the register should be passed. This resolution requires the approval of 75% of the Company's members, according to the Company's paid-up share capital. And upon that public notice can be issued in the prescribed manner. 

2. Why is it important? 

The act of striking off a firm denotes the closure of a non-profitable venture. To put it another way, it's the quickest and most straightforward way to close a business, that is why Form STK 6 is important for companies.

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Blog Comment
Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

Blog Comment
Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

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