Business

Over 14,000 New Companies Registered In February, Maharashtra Tops Chart

New Delhi, March 18 : As many as 14,608 companies including 807 One-person companies (OPCs) were registered in the month of February 2022 with authorised capital of Rs 4,254 crore, data from Corporate Affairs Ministry showed. In the month of January this year, a total of 12,182 companies had been registered under Companies Act, 2013. Increase in registration of companies reflects growing economic activities across various sectors including agriculture, diversification by existing firms and risk appetite among the youth to launch new ventures.

With fresh addition, total number of active companies in the country has reached 14,26,495. During the month of February 2022, Maharashtra had maximum number new company registrations (2,791) followed by Uttar Pradesh (1,400) and Delhi (1,362). “Business Services topped the economic activity-wise classification (3,770) of newly registered companies,” said Ministry of Corporate Affairs in its monthly bulletin.

As on February 28, 2022, a total number of 2,66,605 Limited Liability Partnerships (LLPs) were registered out of which 2,39,054 were active. “During February 2022, 4,058 new LLPs were incorporated with a total contribution of Rs 436.62 crore,” the bulletin said. Meanwhile, over 58,000 companies have been identified and are in the process of being struck-off from the register and 2,366 companies have so far obtained the ‘dormant’ status as per Section 455 of the Companies Act. “There are 14,26,495 active companies including 2,55,556 companies which were incorporated within the preceding 18 months (not due for Annual Statutory Filings),” the Ministry said.

with uni inputs

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