Monthly Information Bulletin on Corporate Sector April 2020
REGISTERED COMPANIES AS ON 30th April, 2020
The total number of companies registered in the country as on 30th April, 2020 stood at 1,999,190. Of them 745,723 companies were closed. 2,213 companies were assigned dormant status as per the Companies Act, 2013; 6,652 were under liquidation; 43,325 companies were in the process of being struck-off. Active in progress status is now invalid and companies under this category, comes under active status. Taking the above into account, there were 1,201,277 active companies as on 30th April, 2020.
1. Out of the 745,723 closed companies, 10,974 companies were liquidated/dissolved; 690,533 companies were declared defunct (and hence struck-off after issuance of notice u/s 248). 25,575 companies were amalgamated/ merged with other companies; 13,767 companies were converted to Limited Liability Partnership (LLP) and 4,874 were converted to LLP and dissolved. Table-1.1 presents the summary picture of companies count as on 30th April, 2020.
2. Out of the 1,201,277 active companies, 1,193,515 were limited by shares; 7,456 were limited by guarantee and 306 were unlimited companies. Out of the companies limited by shares, 63,616 were public, 1,101,668 were private including 28,234 one person companies. Among the public limited companies, 6,802 were listed (Table 1.2).
3. State/UT-wise distribution of registered companies indicates that Maharashtra has the highest number of companies (394,298), followed by Delhi (347,605) and West Bengal (207,057). Amongst ‘Active Companies’, Maharashtra has the maximum number of active companies (235,213), followed by Delhi (203,494) and West Bengal (126,053) as on 30th April, 2020. (Table-1.3).
4. Economic-activity wise classification of active companies reveals that highest number of companies were in Business Services (386,270) followed by Manufacturing (240,050), Trading (153,758) and Construction (100,809). Business Services comprise of Information Technology, Research & Development and other business activities such as law, audit & accounts and consultancy, etc. (Table-1.4 and Chart 1.1).