Question : VANISHED COMPANIES



(a) whether almost 60% of the companies listed on the Mumbai Stock Exchange are in the `Unknown category` with a serious credibility crisis and that a number of companies have been identified as `vanishing companies`;

(b) if so, the details thereof ;

(c) the estimated amount as a consequence thereof ; and

(d) the action has been taken by the Government in this regard ?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SH. ANANDRAO V. ADSUL)

(a) to (d) : The information is being collected and will be laid on the table of the House.