Prosecution against 780 listed companies filed for not filing annual returns

By | March 24, 2018
(Last Updated On: March 24, 2018)
Ministry of Corporate Affairs

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

Posted On: 23 MAR 2018 6:42PM by PIB Delhi

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.

This was stated by Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary in Lok Sabha today.

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.NoName of RoCsFY 2015-16FY 2016-17
Companies registered Closed CompaniesCompanies registered Closed Companies
1AHMEDABAD           3,692                 1,253                    4,645               1,097
2ANDAMAN                –                      –                         38                    –
3BANGALORE           7,554                   716                    8,905                 263
4CHANDIGARH           1,344                   447                    1,496                 365
5CHENNAI           4,975                 1,165                    5,433                 798
6CHHATTISGARH              420                     56                       537                   84
7COIMBATORE           1,148                   210                    1,227                 185
8CUTTACK           1,247                     61                    1,523                   62
9DELHI          17,525                 4,566                   20,274               3,684
10ERNAKULAM           2,202                   467                    3,067                 358
11GOA              236                     12                       304                 149
12GWALIOR           1,544                   507                    2,172                 401
13HIMACHAL PRADESH              263                   113                       340                   81
14HYDERABAD           7,938                   235                    8,895                 217
15JAIPUR           2,330                   854                    2,695                 605
16JAMMU              273                     10                       274                   37
17JHARKHAND              866                   151                    1,029                   55
18KANPUR           7,527                 1,062                    8,682                 242
19KOLKATA           4,473                 2,089                    4,754               2,628
20MUMBAI          11,183                 2,276                   12,345               3,750
21PATNA           2,394                   229                    2,711                 101
22PONDICHERRY                99                     20                         93                   15
23PUNE           4,331                   730                    5,159                 786
24SHILLONG              395                     82                       572                   78
25UTTARAKHAND              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.NoStates/UTs Removed from Register of companies
1Andaman & Nicobar                                    76
2Andhra Pradesh                               3,633
3Arunachal Pradesh                                  14
4Assam                               172
5Bihar                               1,557
6Chandigarh                               1,453
7Chhattisgarh                               906
8Dadra & Nagar Haveli                                    46
9Daman and Diu                                   13
10Delhi                             43,925
11Goa                               1,744
12Gujarat                             11,389
13Haryana                               3,882
14Himachal Pradesh                               754
15Jammu & Kashmir                               1,394
16Jharkhand                               636
17Karnataka                             18,165
18Kerala                             4,059
19Lakshadweep                                      3
20Madhya Pradesh                             4,702
21Maharashtra                             59,849
22Manipur                                 9
23Meghalaya                                30
24Mizoram                                    2
25Nagaland                                 6
26Odisha                               1,824
27Puducherry                               571
28Punjab                             2,928
29Rajasthan                             5,178
30Sikkim
31Tamil Nadu                             24,723
32Telangana                             16,817
33Tripura                                  14
34Uttar Pradesh                             6,822
35Uttarakhand                           792
36West Bengal                             8,078
                                  Total                          2,26,166

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