Lok Sabha Question No. 4785 (UNSTARRED), answered on 2018-03-23
Subject: Dormant and Closed Companies
Ministry: CORPORATE AFFAIRS
Asked by: RANJEET RANJAN, RAMSINH PATALYABHAI RATHWA, RAJESH RANJAN  (PAPPU  YADAV)

## GOVERNMENT OF INDIA

## MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO. 4785

ANSWERED ON FRIDAY, THE 23RD MARCH 2018/[CHAITRA 2,1940(SAKA)]

## DORMANT AND CLOSED COMPANIES

## QUESTION

4785. SHRIMATI RANJEET RANJAN:

SHRI RAJESH RANJAN: SHRI RAMSINH RATHWA:

Will the Minister of CORPORATE AFFAIRS be pleased to state:

- (a)  whether there are around 15 lakh listed companies in India but only 10.7 lakh companies were functioning till the year 2015 and if so, the details thereof;
- (b) whether the number of listed companies reached 15.19 lakh till December 2017 while in December 2014 the said number was 14.39 lakh, if so, the details thereof;
- (c) whether the Government has taken any steps against listed companies which are not functioning and if so, the details thereof;
- (d)  the  number  of  companies  registered  under  the  Registration  of  Companies (RoCs) and closed down during the last two years along with the major reasons for their closure;
- (e) the number of people got employment in new companies during the last one year  along  with  the  number  of  people  who  have  become  unemployed  due  to closure of these companies; and
- (f)  the  details  of  the  steps  taken  by  the  Government to identify the number of companies which are not functioning but continues to be on the records of the Government, State-wise?

## ANSWER

MINISTER OF STATE FOR LAW AND JUSTICE                 (SHRI P. P. CHAUDHARY) AND CORPORATE AFFAIRS

- (a):  No,  Madam.  As  on  31 st   December  2015,  there  were  15.19  lakh  registered companies in India. Of these, 10.7 lakh companies were active in which 7,269 were listed companies.
- (b): No, Madam. There were only 7,270 active listed companies out of 17.21 lakh registered  companies as on December 2017 whereas in December 2014 there were 7,261 active listed companies out of 14.39 lakh registered companies in India.
- (c):  Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns.

Contd..2

-2-

(d):  The  Registrar  of  Companies  (RoCs)-wise  number  of  registered  and  closed companies (under section 248(2), CA 2013) during the last two (2) financial years is given at Annex-A. (e): No such information is maintained in the Ministry of Corporate Affairs. (f):  Section 248(1)(c) of the Companies Act, 2013 provides for removal of name of company from the register of companies if it is not carrying on any business or operation for a period of 2 (two) immediately preceding financial years and has not made any application within such period for obtaining the status of dormant company u/s 455.  Based on the above mentioned provision, 2.97 lakh companies were  identified  under  this  category  as  on  31.03.2017  and  after  following  due process  names  of  2,26,166  companies  were  struck  off  from  the  register  of companies  as  on  31.12.2017.  The  States/UTs-wise  details  of  such  2,26,166 companies is given at Annex-B.

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## Annex-A

## ANNEXURE REFERRRED TO IN REPLY TO THE UNSTARRED QUESTION NO. 4785 FOR ANSWER IN LOK SABHA ON 23.03.2018

Registrar of Companies (RoCs) wise number of registered and closed companies during the last two (2) Financial Years (FY) is as under:

|       |                  | FY 2015-16           | FY 2015-16       | FY 2016-17           | FY 2016-17       |
|-------|------------------|----------------------|------------------|----------------------|------------------|
| Sl.No | Name of RoCs     | Companies registered | Closed Companies | Companies registered | Closed Companies |
| 1     | AHMEDABAD        | 3,692                | 1,253            | 4,645                | 1,097            |
| 2     | ANDAMAN          | -                    | -                | 38                   | -                |
| 3     | BANGALORE        | 7,554                | 716              | 8,905                | 263              |
| 4     | CHANDIGARH       | 1,344                | 447              | 1,496                | 365              |
| 5     | CHENNAI          | 4,975                | 1,165            | 5,433                | 798              |
| 6     | CHHATTISGARH     | 420                  | 56               | 537                  | 84               |
| 7     | COIMBATORE       | 1,148                | 210              | 1,227                | 185              |
| 8     | CUTTACK          | 1,247                | 61               | 1,523                | 62               |
| 9     | DELHI            | 17,525               | 4,566            | 20,274               | 3,684            |
| 10    | ERNAKULAM        | 2,202                | 467              | 3,067                | 358              |
| 11    | GOA              | 236                  | 12               | 304                  | 149              |
| 12    | GWALIOR          | 1,544                | 507              | 2,172                | 401              |
| 13    | HIMACHAL PRADESH | 263                  | 113              | 340                  | 81               |
| 14    | HYDERABAD        | 7,938                | 235              | 8,895                | 217              |
| 15    | JAIPUR           | 2,330                | 854              | 2,695                | 605              |
| 16    | JAMMU            | 273                  | 10               | 274                  | 37               |
| 17    | JHARKHAND        | 866                  | 151              | 1,029                | 55               |
| 18    | KANPUR           | 7,527                | 1,062            | 8,682                | 242              |
| 19    | KOLKATA          | 4,473                | 2,089            | 4,754                | 2,628            |
| 20    | MUMBAI           | 11,183               | 2,276            | 12,345               | 3,750            |
| 21    | PATNA            | 2,394                | 229              | 2,711                | 101              |
| 22    | PONDICHERRY      | 99                   | 20               | 93                   | 15               |
| 23    | PUNE             | 4,331                | 730              | 5,159                | 786              |
| 24    | SHILLONG         | 395                  | 82               | 572                  | 78               |
| 25    | UTTARAKHAND      | 522                  | 37               | 678                  | 19               |
|       | TOTAL            | 84,481               | 17,348           | 97,848               | 16,060           |

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Annex-B

## ANNEXURE REFERRRED TO IN REPLY TO THE UNSTARRED QUESTION NO. 4785 FOR ANSWER IN LOK SABHA ON 23.03.2018

States/UTs wise number of companies removed from the register of companies u/s 248 of CA, 2013 as on 31.12.2017 is as under:

| Sl.No   | States/UTs           | Removed from Register of companies   |
|---------|----------------------|--------------------------------------|
| 1       | Andaman & Nicobar    | 76                                   |
| 2       | Andhra Pradesh       | 3,633                                |
| 3       | Arunachal Pradesh    | 14                                   |
| 4       | Assam                | 172                                  |
| 5       | Bihar                | 1,557                                |
| 6       | Chandigarh           | 1,453                                |
| 7       | Chhattisgarh         | 906                                  |
| 8       | Dadra & Nagar Haveli | 46                                   |
| 9       | Daman and Diu        | 13                                   |
| 10      | Delhi                | 43,925                               |
| 11      | Goa                  | 1,744                                |
| 12      | Gujarat              | 11,389                               |
| 13      | Haryana              | 3,882                                |
| 14      | Himachal Pradesh     | 754                                  |
| 15      | Jammu & Kashmir      | 1,394                                |
| 16      | Jharkhand            | 636                                  |
| 17      | Karnataka            | 18,165                               |
| 18      | Kerala               | 4,059                                |
| 19      | Lakshadweep          | 3                                    |
| 20      | Madhya Pradesh       | 4,702                                |
| 21      | Maharashtra          | 59,849                               |
| 22      | Manipur              | 9                                    |
| 23      | Meghalaya            | 30                                   |
| 24      | Mizoram              | 2                                    |
| 25      | Nagaland             | 6                                    |
| 26      | Odisha               | 1,824                                |
| 27      | Puducherry           | 571                                  |
| 28      | Punjab               | 2,928                                |
| 29      | Rajasthan            | 5,178                                |
| 30      | Sikkim               | -                                    |
| 31      | Tamil Nadu           | 24,723                               |
| 32      | Telangana            | 16,817                               |
| 33      | Tripura              | 14                                   |
| 34      | Uttar Pradesh        | 6,822                                |
| 35      | Uttarakhand          | 792                                  |
| 36      | West Bengal          | 8,078                                |
|         | Total                | 2,26,166                             |

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