Question : Non-functional Listed Companies

(a) whether the Government has taken any steps against the listed companies which are not functional and if so, the details thereof; and

(b) the number of companies which have closed down during the past two years?

Answer given by the minister

THE MINISTER OF STATE IN THE (SHRI ARJUN RAM MEGHWAL)
MINISTRY OF CORPORATE AFFAIRS

(a) and (b): The data relating to non functional listed companies is not maintained. However, the Hon’ble High Courts have appointed Official Liquidators in 13 companies listed on National Stock Exchange of India Limited (NSE) and 59 companies listed on Bombay Stock Exchange (BSE).
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