Question : REGISTERED COMPANIES IN THE COUNTRY



(a) the total number of registered companies in the country, State-wise;

(b) the number of closed companies out of the registered companies, State-wise;

(c) the reasons for closure of registered companies; and

(d) the scheme formulated by Government for the revival of the closed companies?

Answer given by the minister


MINISTER OF CORPORATE AFFAIRS (SHRI PREM CHAND GUPTA)

(a) A statement is annexed (Annexure-I).

(b) A statement is annexed (Annexure-II).

(c) The reasons for closure of registered companies may be all or any one of the following:

(i) Inability to commence the business.
(ii) Unwillingness to do the business.
(iii) Changed circumstances of the business due to business policy, Government policies.

(iv) Financial sickness.

(v) Economic unviability etc.

(d) There is no specific scheme formulated by the Government for the revival of all the closed companies.