Classification of Companies In India and Data Highlights
COMPANIES REGISTERED IN INDIA Companies Registered with MCA: An Overview With the continuous reforms and policy initiatives undertaken by the government Indian corporate sector has reached at a remarkable place wherein there are more than 17 lakh companies registered with MCA as on date and the numbers are increasing every single day. Out of the above number, presently around 11.4 Lakh companies are active and doing business in India. Due to massive striking off of companies undertaken in the year 2017 the percentage of closed companies increased and constitutes 31.24% of the total number of companies closed in India in till the year 2017.However, it is also notable that approximately 33.53% of the total companies registered with MCA were either struck off or were under liquidation or carried the status of a dormant company or were in the process of striking off under section 560 of the Companies Act, 1956. STATE-WISE DISTRIBUTION OF COMPANIES AS ON 31ST MARCH 2017 As on ...