Archive · 20 Sep 2025
UK CEO Frustrated by Lengthy Indian Company Shutdown
Imagine you have a toy you don't use anymore, but you still have to pay to keep it in a storage room.
That's kind of what it's like for this CEO.
He started a company in India, but it didn't do anything.
Now, he wants to close it, but it's taking a very long time and costing a lot of money.
He has to fill out many forms and pay fees, even though the company hasn't made any money.
He's frustrated because it's much harder than it should be to shut down a business.
A UK-based CEO is struggling to shut down a dormant Indian company.
The shutdown process has taken over two years and involved over 24 filings.
Despite having no revenue, the company still requires filings and fees.
The CEO has spent over ₹2 lakh on legal and CA fees.
He criticizes the difficulty of shutting down a company in India.
- Who
- Arjun V Paul, CEO of Zoko, a UK-based startup.
- What
- Attempting to shut down a dormant Indian company.
- When
- Over two years.
- Where
- India
- Why
- To legally close a non-operational company.
- Company CEO
- Arjun V Paul (Zoko)
- Location of Company
- India
- Company Status
- Dormant, no revenue or operations
- Time to Shutdown
- Over two years and counting
- Documents Filed
- Over 24
- Fees Paid
- Over ₹2 lakh