Easy Exit Scheme

Last updated: 14 March 2015

The number of companies whose names have been struck-off from the register under Section 560 of the Companies Act, 1956, during each of the last three financial years and the current year (up to 08.03.2015), State/UT-wise, is given in Annex–1. The figures do not suggest an increasing trend in the number of defunct companies in the country.

The number of companies that availed the Fast Track Exit Mode for striking their names off the register during the said period, State/UT-wise, is given in Annex–2.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

Annex – 1

Referred to in reply to parts (a) to (c) of reply to Lok Sabha Unstarred Question No. 2807 answered on 13.03.2015

Number of Companies Struck-off during each of the last three years and current year
Sl. No.	State/ UT	2011-12	2012-13	2013-14	2014-15*
1	Andaman & Nicobar Islands	2	0	2	0
2	Andhra Pradesh	45	22	311	399
3	Arunachal Pradesh	133	10	11	0
4	Assam	1272	118	191	25
5	Bihar	126	25	3	107
6	Chandigarh	502	460	99	347
7	Chhattisgarh	1	29	4	48
8	Dadar Nagar Haveli	8	0	0	2
9	Daman and Diu	12	0	1	1
10	Delhi	9939	1641	1329	2146
11	Goa	241	30	72	65
12	Gujarat	2264	159	466	341
13	Haryana	674	130	135	207
14	Himachal Pradesh	90	142	21	35
15	Jammu and Kashmir	154	10	0	25
16	Jharkhand	59	11	0	26
17	Karnataka	2527	4	842	739
18	Kerala	1107	253	318	323
19	Lakshadweep	0	0	0	0
20	Madhya Pradesh	1	222	174	176
21	Maharashtra	6452	1256	1333	1657
22	Manipur	96	5	3	0
23	Meghalaya	169	20	15	4
24	Mizoram	21	10	7	0
25	Nagaland	112	12	10	0
26	Orissa	293	1243	228	430
27	Pondicherry	222	17	17	16
28	Punjab	1667	1089	123	575
29	Rajasthan	1307	159	265	520
30	Sikkim	0	0	0	0
31	Tamil Nadu	4796	1959	1025	821
32	Telangana	183	101	1536	184
33	Tripura	37	10	11	2
34	Uttar Pradesh	1025	179	131	463
35	Uttarakhand	87	0	0	65
36	West Bengal	2617	4088	1661	1077
All - India		38241	13414	10344	10826
* as on 08.03.2015

Source : Extracted from the MCA21 repository.

Annex – 2

Referred to in reply to parts (a) to (c) of reply to Lok Sabha Unstarred Question No. 2807 answered on 13.03.2015

Number of Companies Struck-off under “Fast Track Exit” during each of the last three years and current year

Sl. No.	STATE	2011-12	2012-13	2013-14	2014-15*
1	Andaman & Nicobar Islands	2	0	2	0
2	Andhra Pradesh	45	22	311	399
3	Arunachal Pradesh	7	1	1	0
4	Assam	158	10	13	22
5	Bihar	126	25	0	99
6	Chandigarh	86	58	91	249
7	Chhattisgarh	0	29	4	48
8	Dadar Nagar Haveli	7	0	0	2
9	Daman and Diu	12	0	1	1
10	Delhi	9555	1431	1266	2141
11	Goa	241	21	72	65
12	Gujarat	2045	151	463	340
13	Haryana	650	103	132	207
14	Himachal Pradesh	37	4	21	21
15	Jammu and Kashmir	154	10	0	25
16	Jharkhand	59	11	0	26
17	Karnataka	2257	0	842	739
18	Kerala	1089	241	287	322
19	Lakshadweep	0	0	0	0
20	Madhya Pradesh	1	173	174	176
21	Maharashtra	5727	1102	1328	1657
22	Manipur	8	0	0	0
23	Meghalaya	20	4	1	3
24	Mizoram	1	1	1	0
25	Nagaland	6	4	1	0
26	Orissa	61	15	29	56
27	Pondicherry	103	14	17	16
28	Punjab	166	69	110	260
29	Rajasthan	859	158	261	519
30	Sikkim	0	0	0	0
31	Tamil Nadu	3653	438	860	821
32	Telangana	183	101	1536	182
33	Tripura	3	0	2	2
34	Uttar Pradesh	875	179	131	363
35	Uttarakhand	75	0	0	65
36	West Bengal	1727	151	272	476
All - India		29998	4526	8229	9302