Press Information Bureau

Government of India

Ministry of Corporate Affairs

17-August-2012 16:33 IST

Company Law Board

The Company Law Board (CLB) has its Principal Bench at New Delhi and four Regional Benches at New Delhi, Kolkata, Mumbai and Chennai.

The CLB received 13236, 12090 and 13352 petitions in the years 2009-10, 2010-11 and 2011-12 respectively. The increase in number of cases in 2011-12 is less than 1% over 2009-10.

The total budgetary allocation for Company Law Board during the last three financial years was as follows:-

2009-10 : Rs. 3,32,41,000/-

2010-11 : Rs. 3,81,39,000/-

2011-12 : Rs. 3,59,70,000/-

This information was given by the Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh in the Lok Sabha today in reply to a written question .

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ST/-

Company Law Board caseload reported as stable; corresponding budget allocations disclosed by minister in parliamentary reply. The Company Law Board has a Principal Bench in New Delhi and four Regional Benches; reported petition filings across three years showed numbers in the low tens of thousands with minimal net change, indicating a stable caseload. The release also discloses the Board's budgetary allocations for each of the three financial years and notes that these operational and funding figures were provided in response to a written parliamentary question by the responsible minister.