Inactive Companies

Press Information Bureau

Government of India

Ministry of Corporate Affairs

12-December-2011 18:54 IST

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.

The Minister of State for Ministry of Corporate Affairs Shri R.P.N. Singh gave this information in a written reply in Rajya Sabha today.

ST/bs