The time limit to file closure documents with ROC depends on the type of closure.
Under the Fast Track Exit (FTE) Scheme, a company can apply for closure by filing Form FTE with the Registrar of Companies (ROC). After filing Form FTE, the ROC may strike off the name of the company from the register of companies.
The time limit for filing Form FTE is within 30 days of the closure of the business activity.
If a company is being closed through the standard process of winding up, the time limit for filing closure documents with the ROC may vary depending on the circumstances of the case.
Generally, the company is required to file Form 20B within 30 days of the annual general meeting (AGM) of the year in which the resolution for winding up was passed.
Additionally, the company may be required to file Form 21 within 14 days of the passing of the winding up resolution. The liquidator appointed by the company is responsible for filing various other forms and documents as per the provisions of the Companies Act, 2013.
