Question : VANISHING COMPANIES

(a) whether the Government proposes to revise the norms for determining vanishing companies;

(b) if so, the details thereof;

(c) the number of vanishing companies found during this year;

(d) whether this revision help in reducing the number of such companies and also help the small investors; and

(e) if so, the details thereof?

THE MINISTER OF CORPORATE AFFAIRS (SHRI SALMAN KHURSHID)

(a)&(b) No, Sir.

(c) None of the companies that came out with Initial Public Offers (IPOs) after 2001 has been identified as vanishing companies during the year.

(d)&(e) Does not arise.