Parliament Question: Compliance of Companies Act

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 146 ANSWERED ON MONDAY, 20TH JULY 2026 ASHADHA 29, 1948 (SAKA) COMPLIANCE OF COMPANIES ACT QUESTION

146. SHRI RAHUL KASWAN:

WILL THE MINISTER OF CORPORATE AFFAIRS BE PLEASED TO

STATE:

(a) whether the Government has assessed the status of timely submission of annual returns, financial statements and other statutory records by companies registered under the Companies Act, 2013 during the last five years, if so, the State-wise and year-wise details thereof;

(b) the number of non-compliant companies during the said period, the regulatory or punitive action taken against them along with the details of measures adopted to ensure compliance; and

(c) whether the Government is developing a new mechanism to make the corporate compliance system simpler, more transparent and time-bound and if so, the details thereof? ANSWER MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS;

MINISTER OF STATE IN THE MINISTRY OF ROAD TRANSPORT AND HIGHWAYS (SHRI HARSH MALHOTRA)

(a) and (b) The State-wise and year-wise details of companies which have filed the annual returns and financial statements and the number of companies which did not file the annual returns and financial statements as required under the Companies Act, 2013 during the last five years is at Annexure-I.

Appropriate enforcement action is taken under section 92(5), section 137(3) of the Companies Act, 2013 for non-filing of Annual Returns and Financial Statements respectively. In addition, continuous non- compliance for more than two years makes a company liable for striking-off under section 248(1) of the Companies Act, 2013. Theaction taken in the last five years is given at Annexure-II. Further, to ensure that companies are compliant in statutory filings the following

steps are taken:- • Bulk emails and SMS are sent to all eligible companies as reminders. • Specific FAQs are uploaded on the MCA 21 Portal to facilitate filing. • Various awareness programs are organised in collaboration with professional institutes for professionals and companies.

(c) MCA administers the compliance framework under the Companies Act, 2013, through its e-Governance platform, MCA21, which facilitates statutory e-filings by companies and LLPs. Further, the Ministry has undertaken several steps to simplify corporate compliance requirements, promoting ease of doing business, bringing in transparency. These steps include:-

1. Allowing companies to conduct Annual General Meetings

(AGMs) and Extraordinary General Meetings (EGMs) through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), especially post-pandemic.

2. Reduced Compliance for Startups, Small companies and One

Person Companies such as:- • Abridged annual return prescribed for small companies. • Zero fee is charged for incorporation of all companies with authorized capital up to Rs. 15 lakh or with up to 20 members for companies limited by guarantee.

• Small companies are entitled for lesser penalties as per

section 446B of Companies Act, 2013.

3. The Adjudication Mechanism is being implemented through a E- adjudication Module with effect from 16th September, 2024. It is a technology driven adjudication mechanism, for speedy and transparent adjudication of cases pertaining to offence(s) committed under the Companies Act, 2013. This platform provides for end-to-end digital process including online generation of notices, hearings, generation of adjudication orders and payments. This enhances transparency and enables speedier adjudication.

4. The scope of fast-track merger was expanded in February 2021 to allow mergers of Start-ups with other Start-ups and withSmall companies. The ambit has been further broadened in September 2025 to allow more classes of companies to choose this route. The rules have also been amended so that the deemed approval requirement is implemented more effectively for fast track mergers.

*****Annexure-I In reply to part (a) and (b) of Parliament Question No. 146 for 20.07.2026.

2020-21 Sl. State/Union Number Number of Number of Number of Number of No. Territory of Eligible companies companies companies companies companies which have which have which have which have filed filed not filed not filed Annual Financial Annual Financial Returns. Statements. Returns. Statements.

1 Andaman and 328 232 228 96 100 Nicobar Islands 2 Andhra Pradesh 19,031 12,420 12,350 6,611 6,681 3 Arunachal Pradesh 298 135 136 163 162 4 Assam 7,848 5,200 5,191 2,648 2,657 5 Bihar 22,837 14,848 14,807 7,989 8,030 6 Chandigarh 6,413 5,010 4,995 1,403 1,418 7 Chhattisgarh 7,746 6,295 6,300 1,451 1,446 8 Dadra & Nagar 376 309 307 67 69 Haveli 9 Daman and Diu 207 175 174 32 33 10 Delhi 1,81,103 1,49,325 1,48,852 31,778 32,251 11 Goa 4,083 3,232 3,231 851 852 12 Gujarat 61,904 49,515 49,429 12,389 12,475 13 Haryana 36,126 28,338 28,279 7,788 7,847 14 Himachal Pradesh 3,356 2,352 2,339 1,004 1,017 15 Jammu & Kashmir 3,112 2,011 1,991 1,101 1,121 16 Jharkhand 10,456 7,725 7,727 2,731 2,729 17 Karnataka 72,175 53,667 53,534 18,508 18,641 18 Kerala 34,002 26,082 26,020 7,920 7,982 19 Ladakh 32 15 15 17 17 20 Lakshadweep 15 10 9 5 6 21 Madhya Pradesh 24,101 19,254 19,237 4,847 4,864 22 Maharashtra 2,19,868 1,66,490 1,65,782 53,378 54,086 23 Manipur 804 428 424 376 380 24 Meghalaya 566 417 415 149 151 25 Mizoram 94 37 38 57 56 26 Nagaland 265 141 140 124 125 27 Odisha 16,493 12,189 12,149 4,304 4,344 28 Puducherry 1,263 829 825 434 438 29 Punjab 16,288 12,611 12,574 3,677 3,714 30 Rajasthan 36,552 29,581 29,568 6,971 6,984 31 Tamil Nadu 73,522 53,893 53,686 19,629 19,836 32 Telangana 61,718 44,270 44,012 17,448 17,706 33 Tripura 479 257 262 222 217 34 Uttar Pradesh 76,786 56,915 56,793 19,871 19,993 35 Uttarakhand 6,199 4,528 4,518 1,671 1,681 36 West Bengal 1,09,728 95,044 94,639 14,684 15,089 Grand Total 11,16,174 8,63,780 8,60,976 2,52,394 2,55,1982021-22 Sl. State/Union Number Number of Number of Number of Number of No. Territory of Eligible companies companies companies companies companies which have which have which have which have filed filed not filed not filed Annual Financial Annual Financial Returns. Statements. Returns. Statements.

1 Andaman and 384 242 240 142 144 Nicobar Islands 2 Andhra Pradesh 22,100 13,000 13,005 9,100 9,095 3 Arunachal Pradesh 368 150 149 218 219 4 Assam 9,252 5,682 5,679 3,570 3,573 5 Bihar 28,215 16,171 16,215 12,044 12,000 6 Chandigarh 7,036 5,277 5,273 1,759 1,763 7 Chhattisgarh 9,068 6,886 6,881 2,182 2,187 8 Dadra & Nagar 424 330 329 94 95 Haveli 9 Daman and Diu 231 184 185 47 46 10 Delhi 1,95,917 1,52,734 1,52,568 43,183 43,349 11 Goa 4,501 3,403 3,393 1,098 1,108 12 Gujarat 70,091 53,639 53,633 16,452 16,458 13 Haryana 43,312 31,671 31,673 11,641 11,639 14 Himachal Pradesh 4,057 2,623 2,618 1,434 1,439 15 Jammu & Kashmir 4,065 2,298 2,291 1,767 1,774 16 Jharkhand 12,298 8,220 8,209 4,078 4,089 17 Karnataka 84,104 57,642 57,582 26,462 26,522 18 Kerala 40,040 28,347 28,379 11,693 11,661 19 Ladakh 50 24 24 26 26 20 Lakshadweep 18 10 9 8 9 21 Madhya Pradesh 28,289 21,082 21,174 7,207 7,115 22 Maharashtra 2,47,954 1,75,191 1,74,945 72,763 73,009 23 Manipur 1,015 443 445 572 570 24 Meghalaya 628 430 428 198 200 25 Mizoram 156 56 56 100 100 26 Nagaland 330 177 176 153 154 27 Odisha 19,569 13,133 13,123 6,436 6,446 28 Puducherry 1,389 854 842 535 547 29 Punjab 18,450 13,617 13,600 4,833 4,850 30 Rajasthan 42,105 31,861 31,898 10,244 10,207 31 Tamil Nadu 83,434 57,572 57,514 25,862 25,920 32 Telangana 71,595 46,979 46,902 24,616 24,693 33 Tripura 628 292 297 336 331 34 Uttar Pradesh 92,597 62,487 62,588 30,110 30,009 35 Uttarakhand 7,588 5,081 5,094 2,507 2,494 36 West Bengal 1,17,225 97,124 96,381 20,101 20,844 Grand Total 12,68,483 9,14,912 9,13,798 3,53,571 3,54,6852022-23 Sl. State/Union Number Number of Number of Number of Number of No. Territory of Eligible companies companies companies companies companies which have which have which have which have filed filed not filed not filed Annual Financial Annual Financial Returns. Statements. Returns. Statements.

1 Andaman and 454 260 257 194 197 Nicobar Islands 2 Andhra Pradesh 25,276 13,603 13,568 11,673 11,708 3 Arunachal Pradesh 468 189 187 279 281 4 Assam 10,870 6,050 6,006 4,820 4,864 5 Bihar 33,665 17,297 17,157 16,368 16,508 6 Chandigarh 7,629 5,399 5,319 2,230 2,310 7 Chhattisgarh 10,489 7,372 7,323 3,117 3,166 8 Dadra & Nagar 462 338 331 124 131 Haveli 9 Daman and Diu 257 198 197 59 60 10 Delhi 2,12,132 1,56,697 1,53,230 55,435 58,902 11 Goa 5,069 3,623 3,583 1,446 1,486 12 Gujarat 79,130 57,719 56,648 21,411 22,482 13 Haryana 51,106 34,927 34,363 16,179 16,743 14 Himachal Pradesh 4,711 2,828 2,791 1,883 1,920 15 Jammu & Kashmir 5,134 2,524 2,508 2,610 2,626 16 Jharkhand 14,181 8,657 8,545 5,524 5,636 17 Karnataka 96,856 61,471 60,998 35,385 35,858 18 Kerala 46,250 30,442 30,104 15,808 16,146 19 Ladakh 69 33 34 36 35 20 Lakshadweep 24 10 9 14 15 21 Madhya Pradesh 33,177 23,276 22,937 9,901 10,240 22 Maharashtra 2,78,509 1,84,030 1,81,167 94,479 97,342 23 Manipur 1,276 508 510 768 766 24 Meghalaya 705 457 443 248 262 25 Mizoram 199 69 69 130 130 26 Nagaland 408 202 199 206 209 27 Odisha 22,527 13,775 13,656 8,752 8,871 28 Puducherry 1,560 877 866 683 694 29 Punjab 20,902 14,549 14,283 6,353 6,619 30 Rajasthan 48,360 34,574 33,991 13,786 14,369 31 Tamil Nadu 94,496 61,057 60,449 33,439 34,047 32 Telangana 82,545 49,784 49,417 32,761 33,128 33 Tripura 761 344 352 417 409 34 Uttar Pradesh 1,10,230 68,794 67,875 41,436 42,355 35 Uttarakhand 9,150 5,687 5,631 3,463 3,519 36 West Bengal 1,25,613 99,297 96,426 26,316 29,187 Grand Total 14,34,650 9,66,917 9,51,429 4,67,733 4,83,2212023-24 Sl. State/Union Number Number of Number of Number of Number of No. Territory of Eligible companies companies companies companies companies which have which have which have which have filed filed not filed not filed Annual Financial Annual Financial Returns. Statements. Returns. Statements.

1 Andaman and 529 264 261 265 268 Nicobar Islands 2 Andhra Pradesh 28,437 14,307 14,335 14,130 14,102 3 Arunachal Pradesh 647 257 270 390 377 4 Assam 12,482 6,443 6,474 6,039 6,008 5 Bihar 39,100 18,677 18,734 20,423 20,366 6 Chandigarh 8,168 5,660 5,645 2,508 2,523 7 Chhattisgarh 11,789 8,099 8,093 3,690 3,696 8 Dadra & Nagar 480 344 345 136 135 Haveli 9 Daman and Diu 284 214 216 70 68 10 Delhi 2,26,806 1,62,516 1,62,261 64,290 64,545 11 Goa 5,616 3,842 3,849 1,774 1,767 12 Gujarat 88,084 63,466 63,458 24,618 24,626 13 Haryana 59,303 39,212 39,288 20,091 20,015 14 Himachal Pradesh 5,384 3,119 3,115 2,265 2,269 15 Jammu & Kashmir 6,317 2,956 2,957 3,361 3,360 16 Jharkhand 16,055 9,264 9,270 6,791 6,785 17 Karnataka 1,09,444 66,192 66,175 43,252 43,269 18 Kerala 51,742 32,201 32,119 19,541 19,623 19 Ladakh 70 30 31 40 39 20 Lakshadweep 29 12 13 17 16 21 Madhya Pradesh 37,965 25,784 25,864 12,181 12,101 22 Maharashtra 3,06,707 1,96,956 1,97,193 1,09,751 1,09,514 23 Manipur 1,461 541 547 920 914 24 Meghalaya 778 484 487 294 291 25 Mizoram 265 97 97 168 168 26 Nagaland 527 270 275 257 252 27 Odisha 25,471 14,856 14,878 10,615 10,593 28 Puducherry 1,742 927 921 815 821 29 Punjab 23,542 16,025 16,026 7,517 7,516 30 Rajasthan 54,426 37,818 37,895 16,608 16,531 31 Tamil Nadu 1,05,158 65,401 65,298 39,757 39,860 32 Telangana 92,912 53,015 53,048 39,897 39,864 33 Tripura 902 385 384 517 518 34 Uttar Pradesh 1,28,472 76,631 76,739 51,841 51,733 35 Uttarakhand 10,597 6,357 6,372 4,240 4,225 36 West Bengal 1,33,138 1,01,774 1,01,330 31,364 31,808 Grand Total 15,94,829 10,34,396 10,34,263 5,60,433 5,60,5662024-25 Sl. State/Union Number Number of Number of Number of Number of No. Territory of Eligible companies companies companies companies companies which have which have which have which have filed filed not filed not filed Annual Financial Annual Financial Returns. Statements. Returns. Statements.

1 Andaman and 581 246 252 335 329 Nicobar Islands 2 Andhra Pradesh 32,179 15,343 15,371 16,836 16,808 3 Arunachal Pradesh 784 305 305 479 479 4 Assam 14,131 6,806 6,812 7,325 7,319 5 Bihar 45,023 20,850 21,017 24,173 24,006 6 Chandigarh 8,717 5,842 5,844 2,875 2,873 7 Chhattisgarh 13,346 8,760 8,765 4,586 4,581 8 Dadra & Nagar 502 353 354 149 148 Haveli 9 Daman and Diu 303 221 220 82 83 10 Delhi 2,42,045 1,68,178 1,68,377 73,867 73,668 11 Goa 6,252 3,964 3,971 2,288 2,281 12 Gujarat 97,865 68,746 68,861 29,119 29,004 13 Haryana 68,172 43,931 44,077 24,241 24,095 14 Himachal Pradesh 6,126 3,455 3,455 2,671 2,671 15 Jammu & Kashmir 7,677 3,610 3,671 4,067 4,006 16 Jharkhand 17,945 9,893 9,987 8,052 7,958 17 Karnataka 1,22,417 70,547 70,590 51,870 51,827 18 Kerala 57,452 33,270 33,216 24,182 24,236 19 Ladakh 70 29 29 41 41 20 Lakshadweep 35 9 9 26 26 21 Madhya Pradesh 42,712 28,215 28,295 14,497 14,417 22 Maharashtra 3,36,336 2,08,712 2,09,319 1,27,624 1,27,017 23 Manipur 1,690 561 568 1,129 1,122 24 Meghalaya 847 501 489 346 358 25 Mizoram 332 97 98 235 234 26 Nagaland 640 314 315 326 325 27 Odisha 28,413 15,631 15,731 12,782 12,682 28 Puducherry 1,921 968 960 953 961 29 Punjab 26,216 17,226 17,308 8,990 8,908 30 Rajasthan 61,431 41,579 41,686 19,852 19,745 31 Tamil Nadu 1,17,122 69,102 69,179 48,020 47,943 32 Telangana 1,04,464 57,074 57,152 47,390 47,312 33 Tripura 1,056 453 462 603 594 34 Uttar Pradesh 1,47,059 85,100 85,459 61,959 61,600 35 Uttarakhand 12,223 7,184 7,184 5,039 5,039 36 West Bengal 1,41,092 1,03,525 1,03,439 37,567 37,653 Grand Total 17,65,176 11,00,600 11,02,827 6,64,576 6,62,349Annexure-II In reply to part (b) of Parliament Question No. 146 for 20.07.2026.

Financial year FY 2020-21 FY 2021-22 Regulatory Action Action Action Action Action Action action against under under under under under under companies Section Section Section Section Section Section 137(3) 92(4) 248(1) 137(3) 92(4) 248(1) Total number 19 16 2 63 57 55,458 of companies Financial FY 2022-23 FY 2023-24 FY 2024-25 year Regulatory Action Action Action Action Action Action Action Action Action action under under under under under under under under under against Section Section Section Section Section Section Section Section Section companies 137(3) 92(4) 248(1) 137(3) 92(4) 248(1) 137(3) 92(4) 248(1) Total number of 147 145 68,893 208 197 - 291 277 - companies