Question : DISAPPEARED COMPANIES



(a) the number of limited companies registered during 1993, 1994 and 1995 and the number of companies that applied for selling of their shares in the market; and

(b) the number of limited companies registered during the period whose financial records are not available with the company registrar;

(c) the action taken by the Government against each of such companies; and

(d) the details of the companies that disappeared after collecting the money from public, FIs, FIIs during the last three years?

Answer given by the minister

MINISTER OF COMPANY AFFAIRS (SHRI PREM CHAND GUPTA)

(a) The number of companies limited by shares which were registered during the years 1993, 1994 and 1995 is given below:

1993	25511	1994	30291	1995	47928


The number of companies which applied for selling of shares in the market is being collected and will be laid on the Table of the House.

(b)&(c) The information is being collected and will be laid on the Table of the House.

(d) No company has been identified as disappeared/vanished during the last three years.