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Home › news › Corp. Laws, SEBI & IBC › 2015 › March, 2015 › This
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Corp. Laws, SEBI & IBC

Registered Shipping Companies

March 13, 2015

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A total number of 931 companies classified as ‘Sea and Coastal Water Transport Companies’ have been registered as on 04.03.2015 under the Companies Act. The State/UT-wise distribution of these companies is placed at Annex

The Government has taken a number of measures to prevent corporate frauds, under the Companies Act, 2013 including:

  • Enhanced disclosure norms mandated so that investors get relevant information from the companies;
  • Definition of the term “Fraud” (along with its punishment) has been introduced;
  • Serious Fraud Investigation Office (SFIO) has been granted statutory status with more powers; and
  • Provisions for attachment and disgorgement of assets have been introduced.

No case of fraud by shipping companies has been referred to the SFIO so far.

Annex

 State/UT-wise distribution of companies registered as ‘Sea and Coastal Water Transport Companies’

S. No.

State/UT

No. of Companies*

1

Andaman & Nicobar Islands

17

2

Andhra Pradesh

38

3

Assam

1

4

Bihar

1

5

Chandigarh

2

6

Delhi

87

7

Goa

32

8

Gujarat

43

9

Haryana

2

10

Karnataka

20

11

Kerala

21

12

Madhya Pradesh

5

13

Maharashtra

405

14

Orissa

10

15

Pondicherry

3

16

Punjab

5

17

Rajasthan

11

18

Tamil Nadu

94

19

Telangana

42

20

Uttar Pradesh

2

21

West Bengal

90

Total

931

 * as on 04.03.2015

Source : Extracted from MCA21 repository.

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

 

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