1. Application. These terms govern the Startup & Company Closure service offered
on nolegalpaisa.com by Kaahmuchee Solution Private Limited ("NoLegalPaisa", "we") to the
company, its directors and shareholders who buy a plan ("Client", "you"). They are read
with the NoLegalPaisa Terms & Conditions, Privacy Policy, Refund & Cancellation
Policy and Grievance Policy. If they conflict on this service, these terms prevail.
2. NoLegalPaisa as facilitator; engagement agreement.
(a) NoLegalPaisa is a legal-technology platform and acts only as a facilitator. Filings,
certifications and advice are provided by independent CSs, CAs and advocates on the
network (each a "Professional"). NoLegalPaisa does not itself practise law or
accountancy.
(b) Within [3] working days of payment, you and the assigned Professional sign a
written engagement agreement through the platform. It covers scope, duties,
confidentiality, fees and termination. No filing work starts before it is signed.
(c) The professional relationship is only between you and the Professional. NoLegalPaisa
provides the platform, matching, scheduling, the case dialogue box and payment
collection, and is not responsible for the Professional's advice.
3. Which plan applies.
(a) Early-Stage Closure is for a company that has done little or no business. It
must have no employees on payroll, no outstanding loans or significant creditors, and
no significant assets. It may have at most 1 financial year of ROC filings pending.
(b) Operational Closure is for a company that has run a business, with any of
the following: employees, customers, vendors, revenue, GST filings, or more than 1
year of pending filings.
(c) The eligibility check (clause 4) confirms the right plan. If a company bought under
Early-Stage needs Operational, you pay the difference before work continues.
4. What we give you — Early-Stage Closure (₹24,999 + GST).
- Eligibility check. We review your MCA status, pending filings, bank
position and liabilities, and confirm whether strike-off under section 248(2) of
the Companies Act, 2013 is open to you. If it isn't, we tell you the reason.
- Pending ROC filings. AOC-4 and MGT-7 for up to 1 financial year, based on
audited accounts you provide.
- Resolutions. A board resolution, and a special resolution or a consent of
shareholders holding 75% of the paid-up capital.
- Statement of accounts. One, certified by a CA, dated no more than 30 days
before filing.
- Director documents. An indemnity bond (STK-3) and an affidavit (STK-4)
drafted for each director.
- STK-2. Prepared and filed with the Registrar.
- GST cancellation. The cancellation application, if the company is
registered for GST.
- Bank account closure. A closure letter drafted.
- Tracking until strike-off. We track the ROC public notice (STK-6) and final
Gazette notice (STK-7), and share both with you.
- One consultation of 45 minutes.
5. What we give you — Operational Closure (from ₹49,999 + GST).
- Everything in Early-Stage Closure.
- Closure route advice. A written recommendation on strike-off or voluntary
liquidation, based on assets and dues.
- Liability map. A written list of creditors, vendors, statutory dues and
contracts to close, with the action for each.
- Pending ROC filings for up to 2 financial years.
- Final GST return (GSTR-10) and GST cancellation.
- Income tax. The income-tax return for the last financial year, and TAN
surrender.
- Other registrations. Closure of PF, ESI, professional tax and Shops &
Establishments registrations.
- Employees. Full and final settlement statements and relieving letters
drafted.
- Contracts. Termination and settlement letters to vendors and customers, up
to [15] counterparties.
- Assets. Sale or transfer documents.
- Investors. Consent and approval documents, where the SHA requires them.
- Case manager. A dedicated case manager and a final records-handover pack.
- Two consultations of 45 minutes each.
- Final quote. Given after the eligibility check if more filing years, more
counterparties or more entities are involved. Extra work is quoted before it
starts.
6. What we do not give you (both plans).
- Government, ROC, GST and other statutory fees. The STK-2 fee alone is ₹10,000.
- Statutory audit, bookkeeping or preparing accounts. A CA's audit fee is extra.
- Payment of any tax, salary, creditor or other dues of the company.
- Voluntary liquidation under section 59 of the Insolvency and Bankruptcy Code,
2016, including insolvency professional fees. This is quoted separately.
- Assessments, scrutiny, appeals or litigation with any tax or regulatory
authority.
- Representation before the NCLT, courts or any authority.
- Closure of LLPs, subsidiaries or group companies, unless quoted.
- Any filing year or item not listed in clause 4 or 5.
7. Validity.
(a) Early-Stage Closure is valid for [9] months from payment. Operational Closure is
valid for [12] months.
(b) Once STK-2 is filed, we keep tracking until the Gazette notice is published, even
if validity runs out.
(c) If you delay sharing documents, signatures or payments for more than [60] days, the
engagement may be paused. Restarting may need refreshed documents at extra cost; for
example, the CA statement must not be more than 30 days old.
8. Your obligations. You will:
- Provide complete, accurate records: incorporation documents, audited accounts,
bank statements, loan and creditor details, employee records, registrations, and
any notices received.
- Pay all company dues before strike-off is filed.
- Make sure every director signs the documents and has a valid DSC and an active DIN
with KYC done.
- Make sure the company does not trade, change its name or registered office, or
dispose of property in the 3 months before filing, as section 249 requires.
- Declare all assets, liabilities, litigation and notices truthfully. The directors
sign the STK-3 indemnity and the STK-4 affidavit personally, and are personally
responsible for their contents.
9. Timelines. After the eligibility check and receipt of all documents, the
pending filings and STK-2 are usually filed within [15–30] working days. The Registrar
then usually takes [3–6] months to publish the strike-off notice. Its processing, any
queries it raises, and GST and tax cancellations depend on the authorities. Timelines
are targets, not guarantees.
10. Fees.
(a) Plan fees are professional and platform fees, exclusive of GST (currently 18%), and
are payable in full before work starts.
(b) Government fees, audit fees, stamp duty, notary and courier charges are paid by you
at actuals, in advance.
11. Cancellation and refunds.
(a) Before the engagement agreement is signed, you get a full refund less
payment-gateway charges.
(b) If the eligibility check shows the company cannot be closed under the plan bought
and you choose not to proceed, the fee is refunded less [₹5,000] for the check.
(c) After any filing is made, the fee is non-refundable.
(d) Government fees already paid are not refundable.
12. If the Registrar rejects or queries the application. We reply to queries and
refile once at no extra professional fee, if the rejection is due to our error or a
curable defect. Government fees for refiling are paid by you. A rejection caused by
undisclosed facts or ineligibility is not covered.
13. No guaranteed outcome. Approval of strike-off, GST cancellation and other
closures rests with the Registrar and the relevant authorities. We do not guarantee
approval, a timeline, or that no notice or claim will ever arise.
14. Director and shareholder liability continues.
- Under section 250 of the Companies Act, 2013, strike-off does not end the
liability of directors, officers or members for the company's past obligations.
- Under section 252, the company, a member, a creditor or a workman may apply to
have the company restored for up to 20 years.
- Tax and GST authorities may still assess past periods within their limitation
periods.
Our service is designed to reduce these risks. It is not a waiver of, or an indemnity
against, them.
15. Records. After closure, you remain responsible for keeping the company's
books and records for at least 8 years, and for keeping GST records for the period the
law requires. We give you a records-handover pack, but we are not your record
keeper.
16. Confidentiality and data. Your information is kept confidential and used
only to deliver the service. Personal data is processed under the Digital Personal
Data Protection Act, 2023 and our Privacy Policy.
17. Limitation of liability. To the extent the law allows, the total liability
of NoLegalPaisa and the Professional is limited to the plan fee paid. Neither is
liable for indirect or consequential loss, or for penalties caused by facts you did not
disclose. Nothing in this clause limits liability for fraud or wilful misconduct.
18. Communication. All instructions, documents and deliveries go through the
case dialogue box on your dashboard.
19. Grievances. Complaints go first to the Grievance Officer under the Grievance
Policy. The officer will acknowledge within [48] hours and resolve within [30] days.
20. Governing law and disputes. Indian law governs these terms. Unresolved
disputes go to a sole arbitrator under the Arbitration and Conciliation Act, 1996,
seated at [Mumbai], in English, and the arbitration may be held online. Subject to
this, the courts at [Mumbai] have exclusive jurisdiction.
21. Right to change these terms. NoLegalPaisa may change, update or replace
these terms, the plan deliverables and pricing at any time, to reflect changes in law,
regulation, its services or business needs. Updated terms are published on
nolegalpaisa.com. A plan already paid for is delivered on the terms that applied on
the date of payment, unless the law requires otherwise.
