December 2, 2022

Firms struck off register by MCA up 90% from

Companies struck off register by MCA up 90 from

Companies struck off register by MCA up 90 from

Within the first half of the continuing monetary yr, 25,074 corporations have been struck off the data by the Ministry of Company Affairs, till September 2022. That is additionally 91 per cent greater than the variety of corporations struck off within the first half of FY 2019-20; 13111 corporations have been struck off by the MCA then.

Hanging off the data is the method of eradicating the title of an organization from the Register of Firms. Part 248 of the Firms Act, 2013 gives for the removing of the title of a…

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