Lok Sabha Question No. 3241 (UNSTARRED), answered on 2017-08-04
Subject: Involvement of CAs in Shell/Bogus Companies
Ministry: CORPORATE AFFAIRS
Asked by: ANJU BALA

## GOVERNMENT OF INDIA

## MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO. 3241 ANSWERED ON FRIDAY, THE 04 TH  AUGUST, 2017 [SHRAVANA 13, 1939 (SAKA)]

## INVOLVEMENT OF CAs IN SHELL/BOGUS COMPANIES

## QUESTION

## 3241. SHRIMATI ANJU BALA:

Will the Minister of CORPORATE AFFAIRS be pleased to state:

- (a) whether the Government has identified shell/bogus companies postdemonetization  and  taken  serious  note  in  this  regard  and  if  so,  the details thereof;
- (b)  whether  the  Government  has  cancelled  the  registration  of  above shell/ bogus companies and referred the cases of suspected companies which are involved in conversion of black money into white money to Enforcement Directorate (ED) for further investigation;
- (c) if so, the details thereof and progress made in this regard till date;
- (d)  whether the Government has also identified involvement of some Chartered Accountants (CAs) in such malpractices and if so, the details thereof along with action taken by the Government thereon; and
- (e)  the  steps  being  taken  by  the  Government  to  remove/stop  such malpractices and involvement of CAs therein?

## ANSWER

THE MINISTER OF STATE IN THE                  (SHRI ARJUN RAM MEGHWAL) MINISTRY OF CORPORATE AFFAIRS

- (a)  to  (e):  The  term  Shell/Bogus  Company  is  not  defined  under  the Companies  Act.  However,  the  Registrars  of  Companies  (ROCs)  have removed  1,62,618  companies    from  the  register  of  companies  as  of 12.07.2017 after following the due process under Section 248 of the Companies Act, 2013 as detailed in Annexure-1.

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## ANNEXURE REFERRED TO IN REPLY TO PART (a) to (e) OF THE UNSTARRED QUESTION NO. 3241 FOR ANSWER IN LOK SABHA ON 04.08.2017.

## Details of Companies Struck off by the Registrar of Companies in State/UT-wise as of 12.07.2017

| Sl. No.   | Name of Registrar of Companies   | Number of companies struck off   |
|-----------|----------------------------------|----------------------------------|
| 01.       | Mumbai                           | 33000                            |
| 02.       | Delhi                            | 22863                            |
| 03.       | Bangalore                        | 11286                            |
| 04.       | Pune                             | 10083                            |
| 05.       | Bilaspur                         | 906                              |
| 06.       | Chandigarh                       | 4381                             |
| 07.       | Cuttack                          | 1824                             |
| 08.       | Goa                              | 1802                             |
| 09.       | Jammu                            | 679                              |
| 10.       | Ranchi                           | 641                              |
| 11.       | Puducherry                       | 405                              |
| 12.       | Shillong                         | 249                              |
| 13.       | Coimbatore                       | 3916                             |
| 14.       | Gwalior                          | 4655                             |
| 15.       | Jaipur                           | 5177                             |
| 16.       | Ahmedabad                        | 9625                             |
| 17.       | Bihar                            | 1543                             |
| 18.       | Ernakulum                        | 4063                             |
| 19.       | Himachal                         | 754                              |
| 20.       | Kanpur                           | 3236                             |
| 21.       | Uttarakhand                      | 731                              |
| 22.       | Kolkata                          | 8078                             |
| 23.       | Chennai                          | 12133                            |
| 24.       | Hyderabad                        | 20588                            |
| Total     |                                  | 1,62,618                         |

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