NEW DELHI : The nation has greater than 24 lakh registered firms however solely 62 per cent of them had been actively functioning on the finish of September, the Ministry of Company Affairs mentioned in its data bulletin.
The vast majority of lively firms had been engaged in enterprise companies. With greater than 8.52 lakh firms shuttered and lots of others present process varied regulatory processes, together with liquidation, the overall variety of lively entities stood at 14.96 lakh throughout the interval.
Newest knowledge from the company affairs ministry confirmed that there have been somewhat over 24.10 lakh registered firms on the finish of September.
By way of complete registered firms, almost 62 per cent of them had been lively final month.
Entities are required to get registered beneath the Corporations Act, which is applied by the ministry, to perform as firms.
Among the many complete variety of registered firms, 8.52 lakh entities had been shut down and 51,693 firms had been within the means of being deregistered.
“Of those, 8,52,422 firms had been closed, 7,070 firms had been beneath liquidation, 51,693 firms are within the means of striking-off from the register and a couple of,450 firms have to this point obtained the “dormant” standing…,” the ministry mentioned in its data bulletin for the month of September.
“A complete of 13,542 firms, Together with 836 One Particular person Corporations (OPCs), had been registered beneath the CA-13 throughout September 2022 with the licensed capital of Rs. 1,927.48 Crore,” it added.
At September finish, Maharashtra had the best variety of registered firms (2,402), adopted by Uttar Pradesh (1,510), and Delhi (1,306).
Throughout September 2022, all firms (13,542) had been registered as firms restricted by shares with licensed capital of Rs. 1,927.48 Crore, the ministry mentioned.
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Supply: Live Mint