India CSR News Network
NEW DELHI: As per the records of the Ministry of Corporate Affairs there were a total of 13.59 lakh companies in the official Registry as on 30th November 2013.
However, out of these as many as 2.66 lakh companies have been closed and there are 29,310 companies that are in the process of being closed. Also, as many as 1.43 lakh companies have not filed their Annual Returns/ Balance Sheets (i.e., Annual Statutory Filings) for more than 3 consecutive years, and are thus classified as ‘dormant’.
As a result, there were actually about 9.20 lakh active companies as on 30th November 2013.
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