Only 66% of registered companies in India are active: Govt data - News Summed Up

Only 66% of registered companies in India are active: Govt data


Photo: HTNew Delhi: About 66% of the 17.79 lakh companies registered in India were active at the end of June, official data showed amid the government continuing its clampdown on “shell companies”. Latest data from the corporate affairs ministry showed that there were more than 11.89 lakh active companies as on 30 June. Active companies are those carrying out normal business activities and make their statutory filings to the stock exchanges on time. Among those struck-off, 103 companies were in the process of being reactivated, according to corporate affairs ministry data. “Among ‘active companies’, Maharashtra has the maximum number of active companies (234,151), followed by Delhi (216,286) and West Bengal (1,34,336),” the ministry said in its latest monthly information bulletin.


Source: Mint July 29, 2018 08:15 UTC



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