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    <title>Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns</title>
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    <description>Ministry of Corporate Affairs initiated prosecutions against 780 listed entities for failure to file financial statements and annual returns. RoC data for FY 2015-16 and FY 2016-17 show variations in registrations and closures. Under Section 248(1)(c), 2.97 lakh inactive companies were identified and 2,26,166 names were struck off by 31.12.2017 after following the prescribed process.</description>
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