Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies

The Government has taken any steps against listed companies which are not functioning. 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.

As on 31st 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. 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.

 

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 as under:

Sl.No

Name of RoCs

FY 2015-16 FY 2016-17Companies 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

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:

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

75415

Jammu & Kashmir

1,39416

Jharkhand

63617

Karnataka

18,16518

Kerala

4,05919

Lakshadweep

3 20

Madhya Pradesh

4,70221

Maharashtra

59,84922

Manipur

923

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

79236

West Bengal

8,078

Total

2,26,166

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