Shashidhar Jayaraman
Chief Executive Officer
Managed Services
Managed Services
Overview
Closing or restructuring a business in India involves navigating complex legal, financial, and procedural requirements. Companies must comply with the Companies Act, 2013, the Insolvency and Bankruptcy Code, 2016, and other regulatory frameworks, while ensuring all liabilities are settled and proper documentation is maintained. Failure to follow due process can expose directors to penalties, legal claims, or disqualification.
BDO India provides guidance for all types of entity closures, including strike-offs, voluntary and compulsory winding-up, and liquidation under the IBC. Our specialists assess the company’s financial and operational status to recommend the most suitable closure method, handle filings with regulatory authorities, manage documentation, and settle outstanding obligations.
By combining regulatory expertise, procedural knowledge, and practical experience, we help businesses close entities smoothly, mitigate risks, protect directors, and maintain compliance, ensuring a structured and legally sound exit from the Indian market.