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AI Drafter ✕

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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        Corp. Laws, SEBI & IBC

        Total Number of Companies in the Official Registry

        January 15, 2014

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        As per the records of the Ministry of Corporate Affairs there were a total of 13.59 lakh companies in the official Registry as on 30th November 2013. However, out of these as many as 2.66 lakh companies have been closed and there are 29,310 companies that are in the process of being closed. Also, as many as 1.43 lakh companies have not filed their Annual Returns/ Balance Sheets (i.e., Annual Statutory Filings) for more than 3 consecutive years, and are thus classified as ‘dormant’. As a result, there were actually about 9.20 lakh active companies as on 30th November 2013.

        Company dormancy classification reduces active registry numbers as numerous firms remain closed or non compliant with filings. The registry classifies companies by status: closed, in process of closure, and dormant where entities have failed to file annual returns and balance sheets for multiple consecutive years; accounting for closed and dormant firms yields a substantially reduced count of active companies.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Company dormancy classification reduces active registry numbers as numerous firms remain closed or non compliant with filings.

                                The registry classifies companies by status: closed, in process of closure, and dormant where entities have failed to file annual returns and balance sheets for multiple consecutive years; accounting for closed and dormant firms yields a substantially reduced count of active companies.


                                Note: It is a system-generated summary and is for quick reference only.
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