<h1>Company registry expansion masks compliance gaps as many registered firms are closed, liquidating, or classified dormant.</h1> The corporate registry total exceeds thirteen lakh entries, but many are non-operational: companies closed by court order or voluntary winding up, a separate group in liquidation, and entities classified as dormant for failing to file Annual Returns/Balance Sheets for three consecutive years; after excluding these categories, the number of active companies is significantly lower, with a portion recently incorporated and not yet due for statutory filings.