Question : PHALGUNA SAKA ECONOMIC OFFENCES



(a) the number of companies, Indian and foreign, involved in economic offences in the country during the last three years;

(b) if so, the details of the economic offences committed;

(c) whether any action has been taken by the Government against the companies concerned; and

(d) if so, the details thereof?

Answer given by the minister


THE MINISTER OF STATE (INDEPENDENT CHARGE) (SHRI SACHIN PILOT) IN THE MINISTRY OF CORPORATE AFFAIRS

(a) to (d) Under the Companies Act, 1956 the number of companies prosecuted during the last three years were as under:-


Year Number
2009-10 3196
2010-11 1653
2011-12 3511

Offences covered under the Companies Act, includes mis-reporting of financial transactions, siphoning and diversion of funds etc.