Any company which has been registered under the Companies Act, 2013 or any previous company law, can apply for closure or winding up.
This includes private limited companies, public limited companies, one person companies, and others. However, companies that have never conducted business or have not commenced business operations after incorporation may be able to apply for closure under the Fast Track Exit (FTE) Scheme.
The eligibility for the FTE scheme may vary depending on the jurisdiction and the requirements of the Registrar of Companies (ROC).
