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        Case ID :
        Corp. Laws, SEBI & IBC

        Easy Exit Scheme

        March 13, 2015

        📋
        Contents
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        The number of companies whose names have been struck-off from the register under Section 560 of the Companies Act, 1956, during each of the last three financial years and the current year (up to 08.03.2015), State/UT-wise, is given in Annex-1. The figures do not suggest an increasing trend in the number of defunct companies in the country.

        The number of companies that availed the Fast Track Exit Mode for striking their names off the register during the said period, State/UT-wise, is given in Annex-2.

        This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

        Annex - 1

        Referred to in reply to parts (a) to (c) of reply to Lok Sabha Unstarred Question No. 2807 answered on 13.03.2015

        Number of Companies Struck-off during each of the last three years and current year

        Sl. No.

        State/ UT

        2011-12

        2012-13

        2013-14

        2014-15*

        1

        Andaman & Nicobar Islands

        2

        0

        2

        0

        2

        Andhra Pradesh

        45

        22

        311

        399

        3

        Arunachal Pradesh

        133

        10

        11

        0

        4

        Assam

        1272

        118

        191

        25

        5

        Bihar

        126

        25

        3

        107

        6

        Chandigarh

        502

        460

        99

        347

        7

        Chhattisgarh

        1

        29

        4

        48

        8

        Dadar Nagar Haveli

        8

        0

        0

        2

        9

        Daman and Diu

        12

        0

        1

        1

        10

        Delhi

        9939

        1641

        1329

        2146

        11

        Goa

        241

        30

        72

        65

        12

        Gujarat

        2264

        159

        466

        341

        13

        Haryana

        674

        130

        135

        207

        14

        Himachal Pradesh

        90

        142

        21

        35

        15

        Jammu and Kashmir

        154

        10

        0

        25

        16

        Jharkhand

        59

        11

        0

        26

        17

        Karnataka

        2527

        4

        842

        739

        18

        Kerala

        1107

        253

        318

        323

        19

        Lakshadweep

        0

        0

        0

        0

        20

        Madhya Pradesh

        1

        222

        174

        176

        21

        Maharashtra

        6452

        1256

        1333

        1657

        22

        Manipur

        96

        5

        3

        0

        23

        Meghalaya

        169

        20

        15

        4

        24

        Mizoram

        21

        10

        7

        0

        25

        Nagaland

        112

        12

        10

        0

        26

        Orissa

        293

        1243

        228

        430

        27

        Pondicherry

        222

        17

        17

        16

        28

        Punjab

        1667

        1089

        123

        575

        29

        Rajasthan

        1307

        159

        265

        520

        30

        Sikkim

        0

        0

        0

        0

        31

        Tamil Nadu

        4796

        1959

        1025

        821

        32

        Telangana

        183

        101

        1536

        184

        33

        Tripura

        37

        10

        11

        2

        34

        Uttar Pradesh

        1025

        179

        131

        463

        35

        Uttarakhand

        87

        0

        0

        65

        36

        West Bengal

        2617

        4088

        1661

        1077

        All - India

        38241

        13414

        10344

        10826

        * as on 08.03.2015

        Source : Extracted from the MCA21 repository

        Annex - 2

        Referred to in reply to parts (a) to (c) of reply to Lok Sabha Unstarred Question No. 2807 answered on 13.03.2015

        Number of Companies Struck-off under “Fast Track Exit” during each of the last three years and current year

        Sl. No.

        STATE

        2011-12

        2012-13

        2013-14

        2014-15*

        1

        Andaman & Nicobar Islands

        2

        0

        2

        0

        2

        Andhra Pradesh

        45

        22

        311

        399

        3

        Arunachal Pradesh

        7

        1

        1

        0

        4

        Assam

        158

        10

        13

        22

        5

        Bihar

        126

        25

        0

        99

        6

        Chandigarh

        86

        58

        91

        249

        7

        Chhattisgarh

        0

        29

        4

        48

        8

        Dadar Nagar Haveli

        7

        0

        0

        2

        9

        Daman and Diu

        12

        0

        1

        1

        10

        Delhi

        9555

        1431

        1266

        2141

        11

        Goa

        241

        21

        72

        65

        12

        Gujarat

        2045

        151

        463

        340

        13

        Haryana

        650

        103

        132

        207

        14

        Himachal Pradesh

        37

        4

        21

        21

        15

        Jammu and Kashmir

        154

        10

        0

        25

        16

        Jharkhand

        59

        11

        0

        26

        17

        Karnataka

        2257

        0

        842

        739

        18

        Kerala

        1089

        241

        287

        322

        19

        Lakshadweep

        0

        0

        0

        0

        20

        Madhya Pradesh

        1

        173

        174

        176

        21

        Maharashtra

        5727

        1102

        1328

        1657

        22

        Manipur

        8

        0

        0

        0

        23

        Meghalaya

        20

        4

        1

        3

        24

        Mizoram

        1

        1

        1

        0

        25

        Nagaland

        6

        4

        1

        0

        26

        Orissa

        61

        15

        29

        56

        27

        Pondicherry

        103

        14

        17

        16

        28

        Punjab

        166

        69

        110

        260

        29

        Rajasthan

        859

        158

        261

        519

        30

        Sikkim

        0

        0

        0

        0

        31

        Tamil Nadu

        3653

        438

        860

        821

        32

        Telangana

        183

        101

        1536

        182

        33

        Tripura

        3

        0

        2

        2

        34

        Uttar Pradesh

        875

        179

        131

        363

        35

        Uttarakhand

        75

        0

        0

        65

        36

        West Bengal

        1727

        151

        272

        476

        All - India

        29998

        4526

        8229

        9302

        * as on 08.03.2015

        Source : Extracted from the MCA21 repository.

        Company strike-off under the Companies Act and Fast Track Exit data reveal Statewise administrative removal patterns. The release discloses State/UT-wise counts of companies removed from the register under statutory strike-off procedures and those removed via the Fast Track Exit mechanism, for the last three financial years and current year (up to 08.03.2015), sourced from the MCA21 repository, and notes that aggregate figures do not indicate a national increasing trend in defunct 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 strike-off under the Companies Act and Fast Track Exit data reveal Statewise administrative removal patterns.

                              The release discloses State/UT-wise counts of companies removed from the register under statutory strike-off procedures and those removed via the Fast Track Exit mechanism, for the last three financial years and current year (up to 08.03.2015), sourced from the MCA21 repository, and notes that aggregate figures do not indicate a national increasing trend in defunct companies.





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

                              Topics

                              ActsIncome Tax
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