Home » Corporate » MCA filed 11,082 prosecutions for non-filling of statement of accounts by Companies

MCA filed 11,082 prosecutions for non-filling of statement of accounts by Companies

As per the provisions of the Companies Act, prosecutions are filed by the Ministry of Corporate Affairs (MCA) through Registrar of Companies against such companies which have not filed Financial Statements from time to time and there are 11,082 number of prosecutions filed by the MCA during the said period for non-filing of financial statements.

This was stated by Shri Anurag Singh Thakur, Union Minister for State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today.

The Registrar of Companies (RoCs) has power to remove the name of such companies from the Register of Companies, which have not filed Financial Statements or Annual Returns for a continuous period of two immediately preceding financial years provided they have not applied for the status of obtaining Dormant, under section 248 of the Companies Act, 2013.

Active companies, including real estate companies which have not filed the financial statements from the year 2014 onwards is as under:

 

 FY 2014-15  FY 2015-16  FY 2016-17  FY 2017-18
No. of Active companies excluding real estate companies. 107060 135979 82588 135570
No. of Active real estate companies. 4914 7436 3776 7266

During the Financial Year 2017-18 and 2018-19, ROCs had removed/struck off 3,38,963 companies u/s 248 of the Companies Act, 2013 including real estate companies for failing to file Financial Statements or Annual Returns for a continuous period of two or more financial years.

About ppb

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

NALCO clocks all time high production of bauxite and alumina amidst corona crisis

National Aluminium Company Limited (NALCO), the Navratna CPSE, under Ministry of Mines, Govt. of India ...

Major Port Authorities Bill 2020 Introduced in The Loksabha

Major Port Authorities Bill 2020 was introduced in the Loksabha by the minister of state ...

Parliament Passes The Mineral Laws (Amendment) Bill, 2020

Parliament passed The Mineral Laws (Amendment) Bill, 2020 for amendments in Mines & Mineral (Development ...

Subsidy to Artisans under Solar Charkha Mission

The scheme Mission Solar Charkha is enterprise driven scheme and envisages setting up of ‘Solar ...

Public Enterprises Survey 2018-19 Tabled in Parliament

Total Paid up Capital in all CPSES as on 31.3.2019 Stood at Rs. 2,75,697 Crore ...

Rising Demand of Oil

As per World Energy Outlook 2019 published by International Energy Agency, India’s oil demand in ...

Coal stocks at power plants increase by 77% to 34.25 MT: Pralhad Joshi

Coal stocks at power plants peaked to 34.25 million tonnes on January 26, equivalent to ...

73.47 Lakh  Candidates Trained Under Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

Under the Skill India Mission, Ministry of Skill Development and Entrepreneurship is implementing a flagship ...

977 Steel Plants in the country

The total number of steel plants in the country is 977.  In the public sector, ...

Trade with BRICS Nations

The percentage share of Intra BRICS trade to its global trade is 10.61% (2017). The ...

WP2Social Auto Publish Powered By : XYZScripts.com