A complete of 27,022 firms had been underneath the method of being struck off from official data. (Consultant picture)
As per the information, 1,59,524 firms had been registered with a collective paid up capital of Rs 18,132.16 crore in 2022-23.
Greater than 1.85 lakh firms had been registered within the nation final fiscal, larger than the rely recorded within the year-ago interval, and practically 16,600 firms had been arrange in March this yr, based on official information.
As per the information, 1,59,524 firms had been registered with a collective paid-up capital of Rs 18,132.16 crore in 2022-23.
On the finish of March 2024, the nation had a complete variety of 26,63,016 firms and out of them, 16,91,495 firms or 64 per cent had been energetic.
As many as 9,31,644 registered firms had been closed, 2,470 had been dormant entities and 10,385 firms had been underneath liquidation.
A complete of 27,022 firms had been underneath the method of being struck off from official data.
Throughout FY 2023-24, a complete of 1,85,312 firms had been registered with a collective paid-up capital of Rs 30,927.40 crore, based on the company affairs ministry’s data bulletin for March.
Out of them, 71 per cent had been within the companies sector, adopted by 23 per cent within the industrial section and 6 per cent in agriculture.
“Broader financial activity-wise classification reveals that neighborhood, private and social companies noticed the very best rise of 11 per cent within the service sector as in contrast with FY 2022-23,” it stated.
The ministry is implementing the Firms Act, 2013.
By way of states, 17.6 per cent of the brand new firms had been arrange in Maharashtra in 2023-24.
“There is a rise of 0.10 per cent within the complete proportion of energetic firms w.r.t registered firms when in comparison with February 2024,” the bulletin stated.
As on March 31, 2024, there have been a complete of 5,164 overseas firms registered within the nation and out of them, 3,288 firms or 64 per cent had been energetic.
In March, the bulletin stated 42,041 Director Identification Numbers had been registered.
“Out of the full variety of administrators registered in India in March 2024, 67 per cent had been male and the remaining 33 per cent had been feminine… 43 per cent of newly registered administrators belong to the age group of 31-45 years.
“Moreover, 7 per cent of the brand new director registrations had been older than 60 years,” the bulletin stated.
(This story has not been edited by Prime Time News24 employees and is printed from a syndicated information company feed – PTI)
