MCA, De-Registration of Inactive Companies

Ministry of Corporate Affairs04-August, 2011 18:30 IST

De-Registration of Inactive Companies

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 155939