As per the present policy of the Ministry, companies which have not filed their Annual Returns and Balance Sheets for the last three consecutive years or more are identified as ‘dormant companies’.
The details of the dormant companies are as under:
As on 31.03.2011- 1, 74, 400
As on 07.12.2011- 1, 56, 474
The Government has no plan to ensure that only companies which has a long vision are registered.
News posted by
Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
BHUPINDER SHAH AND COMPANY
New Delhi
CA Inter
View Details
VIKAS VERMA & CO
New Delhi
Others
View Details
Chirag N Shah & Associates
Mumbai
CA Inter
View Details
CAclubindia
