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        Case ID :
        Corp. Laws, SEBI & IBC

        Companies of Baba Ramdev.

        September 8, 2011

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        Press Information Bureau
        Government of India
        Ministry of Corporate Affairs

        08-September-2011 14:49 IST

        Companies of Baba Ramdev

                   

                    The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that      as per latest information available, no company with Baba Ramdev as Director is registered in the country. However, 34 companies are registered in the country with Acharya Balkrishna as Director. 

                    The details of the above companies, State-wise alongwith their annual turn-over are as under:-

         

        Sl. No.

        State/UT

        No. of Companies

        Annual Turn-over

        (in Rs. Lakhs)

        1.

        Uttrakhand

        23

        9484

        2.

        Uttar Pradesh

        5

        4

        3.

        NCT of Delhi

        4

        16306

        4.

        West Bengal

        1

        800

        5.

        Maharashtra

        1

        0

         

        Total (1to 5)

        34

        2659

         

                      As filing of Annual Returns and Balance Sheets by companies  for the year 2010-11 is due w.e.f. 1st October, 2011, the reasons for increase in turn-over of these companies in a short span of period cannot be identified at this stage.       

                    The Minister was replying to a written question on  the number of companies of Baba Ramdev and Acharya Balkrishnan functioning in the  country; the details of companies and  whether the Government has identified the reasons for increased turn-over of these companies in a short span of period.

        *****

                    ST/-

        Corporate directorship disclosure: no company lists a named individual as director, while associates hold multiple registered directorships. A ministerial statement reported no company registered with Baba Ramdev as director and 34 companies registered with Acharya Balkrishna as director, provided a State/UT breakdown with associated annual turnover figures, and noted that annual returns and balance sheets for 2010-11 were due from 1 October 2011, so reasons for any short term increase in turnover have not been identified.
                          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.

                                Corporate directorship disclosure: no company lists a named individual as director, while associates hold multiple registered directorships.

                                A ministerial statement reported no company registered with Baba Ramdev as director and 34 companies registered with Acharya Balkrishna as director, provided a State/UT breakdown with associated annual turnover figures, and noted that annual returns and balance sheets for 2010-11 were due from 1 October 2011, so reasons for any short term increase in turnover have not been identified.





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                                ActsIncome Tax
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