Closing a Private Limited Company refers to the process of voluntarily winding up the company or applying for its striking off from the records maintained by the Registrar of Companies (ROC). Companies may choose closure due to business discontinuation, financial non-viability, or restructuring. The process begins with a board resolution approving the closure and, if applicable, a declaration of solvency confirming that all debts and liabilities can be discharged. Subsequently, the company must file the required forms with the ROC, such as Form STK-2 for striking off or other winding-up forms under the Companies Act, 2013, along with the prescribed fees. The ROC examines the application, may publish a public notice for objections, and upon satisfaction, issues a confirmation of closure. Professional assistance is recommended to ensure proper clearance of liabilities, accurate documentation, and timely filing of statutory forms. Proper closure protects the directors from future legal liabilities, ensures compliance with statutory obligations, and formally terminates the company as a legal entity.