Lok Sabha Question No. 4358 (UNSTARRED), answered on 2017-08-11
Subject: Closure of Bogus Companies
Ministry: CORPORATE AFFAIRS
Asked by: SANTOSH AHLAWAT, SANJAY HARIBHAU JADHAV, SUMEDHANAND SARASWATI, RANGASWAMY DHRUVANARAYANA

## GOVERNMENT OF INDIA

## MINISTRY OF CORPORATE AFFAIRS

LOK SABHA UNSTARRED QUESTION NO. 4358 ANSWERED ON FRIDAY, THE 11 TH  AUGUST, 2017 [SHRAVANA 20, 1939 (SAKA)]

## CLOSURE OF BOGUS COMPANIES QUESTION

4358. SHRIMATI SANTOSH AHLAWAT: SHRI SANJAY HARIBHAU JADHAV: SHRI SUMEDHANAND SARSWATI: SHRI R. DHRUVA NARAYANA:

Will the Minister of CORPORATE AFFAIRS be pleased to state:

- (a) whether there is  an  increase  in  the  closure  of  bogus  private limited companies especially those who had barely done business in the  previous  years  but  only  taking  loans  and  giving  advances  and creating money entries and if so, the details thereof;
- (b) whether  the  Government  has  prepared  any  action  plan  to monitor and curb such bogus companies; and
- (c) if so, the details thereof and if not, the reasons therefor?

## ANSWER

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

(a) to (c): The  term  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.

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## Annexure

## ANNEXURE REFERRED TO IN REPLY TO PART (a) to (c) OF THE UNSTARRED QUESTION NO. 4358 FOR ANSWER IN LOK SABHA ON 11.08.2017.

## 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 Pradesh                 | 754                              |
| 20.       | Kanpur                           | 3236                             |
| 21.       | Uttarakhand                      | 731                              |
| 22.       | Kolkata                          | 8078                             |
| 23.       | Chennai                          | 12133                            |
| 24.       | Hyderabad                        | 20588                            |
| Total     |                                  | 1,62,618                         |

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