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De-Registration of Inactive Companies

Posted on 05 August 2011,    
 10188    Share  Report

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that whether Government has enumerated or identified such registered companies which are inactive, dormant and have been in such mode for at least ten years. � � � � �

�������������

Replying to a written question the minister said that the The Ministry had announced two schemes, namely

(i) �Easy Exit Scheme, 2010� (w.e.f.��� 26.05.2010 to 31.08.2010) and

(ii) �Easy Exit Scheme, 2011� (w.e.f. 1.1.2011 to 30.04.2011)

for those companies which were not carrying on any business activity or operation on or after 1st April, 2008.

From 03.07.2011, the Ministry has come out with Guidelines for �Fast Track Exit Mode� for simplified exit of defunct companies, which have not commenced their business since their incorporation or are not carrying on any business for the last one year.

������������

As per present policy of the Ministry, such companies, which have not filed their Annual Returns and Balance Sheets for last three consecutive years or more are identified as dormant companies.

The details are as per Annexure attached.

ST/-

ANNEXURE

LIST OF�COMPANIES�WHO HAVE BEEN DORMANT FOR LAST THREE YEARS STATE WISE AS ON 31ST�JULY, 2011

STATE

NO. OF DORMANT COMPANIES

Andaman and Nicobar Islands

54

Andhra Pradesh

24055

Arunachal Pradesh

14

Assam

275

Bihar

1534

Chandigarh

1837

Chhattisgarh

276

Dadar�Nagar Haveli

60

Daman and Diu

45

Delhi

27972

Goa

840

Gujarat

11776

Haryana

1937

Himachal Pradesh

612

Jammu and Kashmir

1028

Jharkhand

433

Karnataka

8669

Kerala

2630

Lakshadweep

2

Madhya Pradesh

1546

Maharashtra

35154

Manipur

27

Meghalaya

33

Mizoram

6

Nagaland

37

Orissa

1130

Pondicherry

258

Punjab

4043

Rajasthan

2160

Tamil Nadu

19106

Tripura

11

Uttar Pradesh

5593

Uttarakhand

355

West Bengal

2431

Total

15593



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