(a) whether about 50 per cent companies are not complying with the Companies Act resulting in
adversely affecting the interests of the investors making investments in such companies;
(b) if so,the steps taken by the Government against these companies so far;
(c) whether power discoms such as BSES Rajdhani have also violated the provisions of Companies
Act during the last two years;
(d) if so, the details thereof; and
(e) the action taken in this regard?
THE MINISTER OF CORPORATE AFFAIRS(SHRI PREM CHAND GUPTA)
(a) & (b): Interests of investors at large are principally associated with widely held public or
listed companies.Non-compliance by 50 per cent of such companies registered in India with the
provisions of the Companies Act, 1956,in a manner that may affect the interests of investors in
such companies adversely is not borne out by available data.However,action as appropriate and
mandated under law is being taken wherever any non-compliance is noticed.
(c) No, Sir.
(d) & (e) Do not arise.