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Formal liquidation

Winding up and liquidation, matched to solvency and claims

Choose a solvent voluntary process, Tribunal route or insolvency pathway only after the company’s financial reality is established.

Professional fee
Written quote
Working timeline
Confirmed after solvency, creditor and proceeding review
Government charges
Shown before payment
Indian insolvency professionals reviewing a formal liquidation plan

Built for

Indian private companies

Best when

Financial and creditor records are complete

01Diagnose solvency
02Map stakeholders
03Choose legal route
04Administer estate
05Dissolve company
A practical fit check

What is the company’s
true financial position?

Solvency, default, creditors and proceedings determine who controls the closure.

Solvent voluntary exit

Requires genuine solvency and a formal professional-led liquidation.

Unable to pay

Insolvency law and creditor rights may control the route.

Tribunal ground

A petition-based winding-up route is exceptional and adjudicated.

Complex stakeholder estate

Claims, employees, security and litigation need formal administration.

Formal liquidation

Solvency. Claims. Control. Dissolution.

Winding-up is not a faster strike-off.

A liquidator, creditors, the Tribunal or insolvency forum may control key stages, costs and outcomes.

01 / Outcome

What you receive,
ready to use.

We distinguish solvent voluntary liquidation under the insolvency framework from Tribunal-led winding-up and financial-distress routes before any filing or appointment is proposed.

ASSETS · CLAIMS
SOLVENCY · NOTICES
LIQUIDATION FILEA formal ending,
properly administered.
ASSESS · REALISE · DISSOLVE
01

Solvency and closure route diagnostic

02

Stakeholder, asset and creditor map

03

Required professional and authority pathway

04

Board, member and declaration checklist

05

Liquidation milestone plan

06

Records, tax and dissolution handoff

02 / Eligibility

What must be
in place.

01

The company’s solvency, defaults, assets, liabilities and proceedings are fully disclosed.

02

A solvent voluntary route is supported by directors’ declaration and financial evidence where applicable.

03

Creditors, employees, secured interests, taxes and contingent claims can be identified.

04

Promoters understand that an independent professional or Tribunal may control the process.

05

A solvent declaration must be supported by reliable financial evidence and cannot be used where the company is actually unable to pay.

Choose by solvency and control

The closure label must follow the company’s financial facts.

DecisionSolvent voluntary liquidationTribunal winding-upInsolvency process
Financial premiseCan pay debts in fullStatutory ground is establishedDefault / distress under insolvency law
Primary controlMembers and appointed liquidator within lawTribunal and liquidatorCreditors, tribunal and resolution/liquidation professional
Main gateGenuine solvency declarationMaintainable petition and orderEligibility and statutory default framework
03 / Process

From financial reality to
the correct legal exit.

A practical sequence with clear ownership at every stage. Registry review times can vary.

01

Route diagnosis

Step 1

We handle

Assess solvency, default, disputes and available closure laws.

You provide

Provide complete financial and proceeding records.

02

Stakeholder map

Step 2

We handle

Map assets, secured and unsecured creditors, employees, tax and claims.

You provide

Confirm all known and contingent obligations.

03

Formal commencement

Route dependent

We handle

Coordinate required resolutions, declarations, notices and professional appointment.

You provide

Approve the route and cooperate with the appointed professional.

04

Liquidation administration

Professional/Tribunal controlled

We handle

Support records, filings and stakeholder coordination within agreed scope.

You provide

Hand over books, assets and truthful information.

05

Final account and dissolution

Authority controlled

We handle

Coordinate final reporting and dissolution steps.

You provide

Retain records and comply with residual obligations.

04 / Documents

A checklist without
the back-and-forth.

We ask only for records or data relevant to your application, review, or audit scope.

  • Audited financial statements and current books
  • Asset register and valuation information
  • Creditor, security and guarantee schedule
  • Bank, tax and statutory records

Before you begin

Use clear PDF, JPG, or PNG files.

Keep address records recent and readable.

05 / Fees

Transparent fees,
before you commit.

Each registration carries its own government fee, and some are state-specific. We quote the exact combination for your business before any work begins.

Your written quote covers

  • — Route diagnosis
  • — Stakeholder map
  • — Formal commencement
  • — Liquidation administration
  • — Final account and dissolution
Request a written quote

Not included automatically

  • — Registrar and statutory filing fees
  • — Stamp duty, notarisation, publication or courier costs where applicable
  • — Digital signatures, DIN work, valuation, certification or specialist opinions outside the agreed scope
  • — Insolvency professional or liquidator remuneration
  • — Tribunal advocacy, valuation, auctions, publication, custody, litigation and creditor distributions

Costs that can repeat

  • — Liquidator and stakeholder reporting through completion
  • — Tax returns and assessments during liquidation
  • — Books and records custody
  • — Final account, dissolution and residual claim handling
06 / After registration

Estate administered,
dissolution follows due process.

These are the first recurring obligations to plan for before you commit to a company structure.

01

Solvency and commencement records

Before or at formal commencement

Only the legally fitting route and declarations should be used.

02

Claims and public notice

Under the selected process

Creditors and stakeholders receive process-specific rights.

03

Final report and dissolution

After administration completes

Authority or Tribunal action concludes the legal existence.

07 / Questions

Got questions?
We’ve got answers.

Understand solvency, liquidators, creditors, Tribunal routes, asset realisation, distributions, timing and dissolution.

Still deciding?

AI CA can compare structures around cost, risk, compliance, and funding.