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Press Information Bureau
Government of India
Ministry of Corporate Affairs
20-December-2012 19:28 IST
The Government has constituted a Central Monitoring Committee and Regional Task Forces on vanishing companies to keep a check on such cases. Giving this information in written reply to a question in the Lok Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that the number of companies vanishing from Bihar has not increased in the recent past.
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KKP
Monitoring of vanishing companies instituted to check corporate disappearances nationwide; Bihar reports no recent increase. Constitution of a Central Monitoring Committee and Regional Task Forces establishes a regulatory oversight mechanism to detect and check instances of vanishing companies, with central and regional monitoring, coordination, and information sharing; the announcement noted that vanishing-company incidence in Bihar has not increased.Press 'Enter' after typing page number.