Rajya Sabha
A total of 18,183 cases were filed against companies for violating the Companies Act, 1956 during the period 01.01.2008 to 31.03.2009. Giving this information in the Rajya Sabha today in a written reply Shri Salman Khurshid, Minister for Corporate Affairs, said that out of the companies that came out with IPOs during 1992-2005, a total of 238 companies were identified as vanishing companies, of which 117 companies have been traced back, resulting in the number of vanishing companies being reduced to 121.
A total of 18,183 cases were filed against companies for violating the Companies Act, 1956 during the period 01.01.2008 to 31.03.2009. Giving this information in the Rajya Sabha today in a written reply Shri Salman Khurshid, Minister for Corporate Affairs, said that out of the companies that came out with IPOs during 1992-2005, a total of 238 companies were identified as vanishing companies, of which 117 companies have been traced back, resulting in the number of vanishing companies being reduced to 121.
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