(a) whether it is a fact that large number of cases under Companies Act, 1956
regarding appointment / re-appointment schedule of Managing Directors or whole
time Director / Mangers are pending for a long time;
(b) if so, the details thereof alongwith the cases disposed off as
on 31.03.2011; and
(c) the steps taken by the Government to expedite disposal of the cases
which have been pending for over a year?
THE MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS (SHRI R.P.N. SINGH)
(a): No, Madam.
(b) & (c): The number of applications to be disposed off by the Ministry
regarding appointment / re-appointment of Managing Directors or whole time Director /
Managers u/s 269, 198 / 309, 310 of the Companies Act, 1956 as on 31/03/2011 was
219. As on 05/09/2011, there is only one case pending over a year due to non-
submission of requisite information by the company and the company has been
requested to furnish the same.