Unregistered Companies




Unregistered Companies

The Government has taken note of unregistered companies operating in the country without registration or incorporation under the Companies Act, 1956. During the last three years and the current year two cases have come to notice as under:


Speakasia Online Pte Ltd. (incorporated in Singapore);

Krishi Vipadan Vikas Limited;

Investigation into the affairs of Speakasia Online Pte Ltd. has been conducted and instructions for filing prosecution have been issued in respect of non-compliance of the Companies Act, 1956. The investigation report has also been shared with other enforcement/regulatory agencies for appropriate action. In case of Krishi Vipadan Vikas Limited, prosecution has been filed under Section 453 of the Companies Act, 2013 .

This information was given by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

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Redressal of Investors’ Complaints

Investor complaints received in the Ministry and its field offices are forwarded to the concerned companies for remedial action. In case the company fails to redress the grievance of the complainant and/ or is found to be in violation of the provisions of the Companies Act, suitable action under the provisions of the Companies Act 2013/1956 is initiated. Further, in the meetings of the ‘Investor Complaint Resolution Forum’ held in offices of Registrar of Companies from time to time, complainants and representatives of companies meet and discuss to resolve investor grievances.

On receiving information about the alleged illegal activities of companies, inspections and investigations are carried out. In the financial year 2014-15, over 5800 prosecutions have been filed. In addition, 86 prosecution complaints were filed before various Courts/Authorities by the Serious Fraud Investigation Office in the same period.

This information was given by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

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Strengthening of Corporate Governance in Companies

The Companies Act, 2013 which replaces Companies Act, 1956 incorporates various provisions aimed at strengthening of corporate governance in companies in India, many of which are based on recommendations of various committees. Twenty four sets of rules under the Companies Act 2013, finalized after extensive consultations with stakeholders have also been notified. These provisions include, inter-alia, enhanced responsibilities for Board and its committees like the Audit Committee and Nomination and Remuneration Committee, enhanced disclosures to stakeholders, appointment of Independent Directors, stricter norms for ensuring independence and accountability of auditors, greater level of investor protection.

The first year of implementation of the commenced provisions has been completed on 31.3.2015. Statutory annual filings which will substantially report on the requirements laid down in the new provisions are not yet due. The Registrar of Companies, within their respective jurisdictions, are the authorities entrusted under the Act to initiate action in case of violation of any provision of the Act.

This information was given by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

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Implementation of New Companies Act

The provisions of section 125 and section 132 of the Companies Act, 2013 respectively provide details about the constitution, powers and responsibility of the Investor Education and Protection Fund Authority (IEPFA) and National Financial Reporting Authority (NFRA). These sections are yet to be notified. The draft Rules with regard to these two authorities have been prepared and placed on the website of this Ministry inviting comments/suggestions from stakeholders. Consultations have also been held with the Ministry of Finance and Controller General of Accounts (CGA) on the accounting and refund process for IEPFA. The draft Rules are expected to be notified during the year 2015-16.

Other provisions relating to investor protection such as Independent Directors, Committees of the Board, Appointment of small Shareholders Director, related party transactions, etc. have already been notified. Certain sections which require the functioning of National Company Law Tribunal and its appellate body are under litigation in the Supreme Court and have not been notified.

This information was given by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

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Violation of Provisions of Companies Act by Companies


The Government has taken cognizance of the companies which have violated the provisions of Companies Act, 1956. The details of prosecutions filed and penalty imposed during the relevant period are enclosed as Annexure.
Annexure


A.        Details of prosecution filed and penalty imposed, recovered during last three years and current year (upto 20/04/2015) by Registrars of Companies.



During this period, in respect of the cases filed by SFIO, conviction has been made in 12 cases wherein fine of approximately Rs. 3 Crore have been imposed. In six cases Directors of the Company concerned have been sentenced to imprisonment for six months.

This information was given by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

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Arrival of the First Two Upgraded Mirage 2000 Aircraft at Gwalior

The first two upgraded Mirage-2000 aircraft landed at Gwalior at about 1400 hrs on 24th April 2015. These aircraft were flown by Indian Air Force (IAF) pilots from France to India via Greece, Egypt and Qatar over a period of seven days.

On arrival at the station, the two aircraft were accorded the traditional ‘Water Cannon Salute’ whilst taxying in. The leader of the team, Group Captain M Minocha, was welcomed by the Air Officer Commanding of Air Force Station Gwalior, Air Commodore HS Basra. The leader also handed over the aircraft documents to the Air Officer Commanding. The twin-seater was flown in by Wing Commander Vivek Sharma and Squadron Leader K Suryanarayanan.

The upgrade enhances the overall capability of aircraft with advanced avionics, weapons and self protection suites. The upgrade contract was signed with Thales Aeroportes Systems and Dassault Aviation of France. The upgrade programme was successfully completed on schedule. The subsequent serried upgrade of the Mirage 2000 fleet is being carried out at HAL, Bangalore.

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National Policy for Children

The Government has adopted a new National Policy for Children, 2013 on 26th April, 2013. The Policy recognises every person below the age of eighteen years as a child and covers all children within the territory and jurisdiction of the country. It recognizes that a multisectoral and multidimensional approach is necessary to secure the rights of children. The Policy has identified four key priority areas: survival, health and nutrition; education and development; protection and participation, for focused attention. As children’s needs are multi-sectoral, interconnected and require collective action, the Policy calls for purposeful convergence and coordination across different sectors and levels of governance.

Based on the new National Policy for Children, 2013 adopted on 26th April, 2013, the Ministry developed a Draft National Plan of Action for Children (NPAC). The Plan of Action has been drafted keeping in view the existing schemes/programmes of various ministries. The purpose is to track and monitor the progress of what is already being done for children across Ministries and sectors.

The draft NPAC was circulated to all the key Ministries/Departments working for children, Institutions and all the State Governments and UT Administrations for comments and suggestions. The comments from all concerned have since been received. The draft NPAC is to be revised according to comments received from various Ministries/Departments and the National Coordination and Action Group (NCAG) for Children to monitor the Progress of the implementation of the Policy is to be formed.

This information was given by the Union Minister of Women and Child Development, Smt. Maneka Sanjay Gandhi in a written reply to an unstarred question in the Lok Sabha today.

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Achievements of HAL

The target fixed in the Memorandum of Understanding (MoU) in respect of sales and achievement during the last three years



Currently HAL is manufacturing SU-30 MKI, HAWK, DO-228, Advanced Light Helicopter (ALH), Cheetah / Chetak / Cheetal Helicopters and pilotless target aircraft.  Besides it undertakes repairs and overhaul of these aircraft / helicopters and other aircraft like Jaguar, Mirage, Kiran, Mig-21, HS-748, AN-32.  HAL has taken up design and development of Light Combat Helicopter (LCH), Light Utility Helicopter (LUH) and Basic Turboprop Trainer (HTT-40).  Co-development of Fifth Generation Fighter Aircraft (FGFA) and Multirole Transport Aircraft (MTA) with Russia is also under progress.

This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri B Sriramulu in Lok Sabha today.

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Crash of Maritime Surveillance Aircraft

Indian Navy Dornier (IN 240) crashed about 25nm off the coast of Goa at about 22:08 hours on March 24, 2015. Board of Inquiry (BoI) has been instituted to investigate the cause of the accident on 26th March 2015.

The various measures to prevent air accidents include:

(i) sensitization of personnel on aspects of flight safety through dissemination of material on safety concepts;

(ii) flight safety and operational readiness inspections every year;

(iii) safety audit of all Air Stations / Air Squadrons;

(iv) Dissemination of lessons learnt from accidents in the form of periodicals / leaflets.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Jyotiraditya M Scindia and Shri Adhir Ranjan Chowdhury in Lok Sabha today.


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Indo-Japanese Defence Co-Operation

Steps taken by the Government for enhancement of bilateral defence & security co-operation including in the field of maritime security with Japan inter alia include institutionalization and conduct of bilateral maritime exercises between India and Japan in 2012 & 2013, participation of Japan along with the Indian Navy and the US Navy in the Exercise Malabar held in July 2014, conclusion of Memorandum on Defence Cooperation and Exchanges in September 2014 and conduct of the first meeting of the Joint Working Group on Defence Equipment and Technology Cooperation in March 2015.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Smt Rakshatai Khadse in Lok Sabha today.

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Railways Networks in Border Areas

Government has identified four strategic railway projects for development in the border areas. Proposal has been received from Ministry of Railways for release of funds for carrying out Final Location Survey of these projects. An allocation of Rs.1000/- crore was made for these projects in 2014-15. A sum of Rs.500/- crore has been allocated during 2015-16 for this purpose.

These railway lines will support the movement and sustenance of Armed Forces during war and peace. These lines would also lead to speedy mobilization, direct connectivity and also enhance strategic reach of the Defence Forces, thereby contributing towards the security and safety of the nation.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Nagendra Kumar Pradhan and others in Lok Sabha today.

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Kharga Corps To Validate Its Strike Capabilities

To hone its combat skills and validate its strike capabilities ‘Kharga Corps’ is undertaking a major exercise in the area of Suratgarh in Rajasthan wherein more than 20,000 troops will participate. Code named ‘BRAHMASHIRA’ the exercise aims to validate the battle readiness and operational effectiveness of the Kharga Strike Corps along with all its affiliated components and will witness display of seamless integration of Air Force as part of ‘Integrated Theatre Battle Concept’.

Exercise ‘BRAHMASHIRA’ has been conceptualised by the Kharga Corps under aegis of Western Command for rapid mobilisation and speedy multiple offensives deep into enemy territory. The manoeuvres being rehearsed will allow the Army formations to break through multiple obstacles in a restricted time frame. The focus of the exercise will be on new and efficient ways of fighting a war in a synergised battlefield.

The exercise envisages mechanised manoeuvres in an entire spectrum of new generation of equipment, including major weapon platforms. These combat manoeuvres also co-opt a significant contribution from the Fighter Ground Attack Aircrafts from Indian Air Force, Attack Helicopters, Unmanned Aerial Vehicles, Remotely Piloted Vehicles, and Utility Helicopters. Strategic and long range vectors will also be employed during the exercise. Troops insertion by air using third dimension will be integrated fully in the exercise in the true spirit of jointness.

Intelligence, Surveillance, Reconnaissance and Communication systems will be put to test in a network centric battlefield environment during the exercise duly supported by enabling operational logistics. The exercise will also provide an opportunity to all Commanders in planning and conduct of large scale operations in an Integrated Theatre Environment. The exercise will be witnessed by Lt Gen KJ Singh, GOC-in-C Western Command.

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Main Battle Tank Arjun

Defence Research and Development Organisation (DRDO) has designed and developed Main Battle Tank (MBT) Arjun, a multi-disciplinary Armoured Fighting Vehicle, which has already been inducted into Army. Heavy Vehicle Factory (HVF) at Avadi, Chennai is the production agency of MBT Arjun. Out of total indented quantity of 124 Nos., 122 MBT Arjun Mk-I have been produced and inducted into Army. Two Armoured Regiments (43 & 75 Armd Regts) of MBT Arjun Mk-I have been raised and operationalised. Efforts for reduction of the import content of MBT Arjun is a continuous process. DRDO is presently engaged in the development of MBT Arjun Mk-II with 73 improvements (including 15 major improvements) over MBT Arjun Mk-I. Out of these 73 improvements, 53 have been found successful based on User trials. No time line for induction into Army can be fixed at this stage.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Kodikunnil Suresh in Lok Sabha today.


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Delivery of Helicopters by HAL

Hindustan Aeronautics Limited (HAL) has proposed to deliver helicopters to Afghanistan. Government of India has delivered three Cheetal Helicopters with allied equipment and spares to the Government of Islamic Republic of Afghanistan based on the agreement with the Ministry of External Affairs. The helicopters were dispatched to Afghanistan on April 9, 2015. These helicopters have been test flown and accepted by Afghanistan pilots on 15th April, 2015.

This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri P Nagarajan in Lok Sabha today.

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Defence Deals with Blacklisted Companies

During the last three years, orders have been issued debarring six firms along with their allied and subsidiary firms from business dealings with Ministry of Defence for a period of ten years. No contract has been signed for Capital Procurement with these firms after issue of debarment orders.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Kalikesh N Singh Deo and Shri Sankar Prasad Datta in Lok Sabha today.


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Resignation of Doctors from Armed Forces

The details of the doctors who submitted resignations or applied for premature release from service during the last three years are as under:-



The Dynamic Assured Career Progression (DACP) Scheme is not applicable to the doctors of Armed Forces Medical Services.  However, at present, the matter is subjudice.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri CH Malla Reddy in Lok Sabha today.

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National Cadet Corps

At present, 2461 Private schools and 1140 Private colleges are covered by NCC. On July 22, 2014, the Government has approved a scheme for “Out of Turn allotment of NCC cadet strength to institutions on Self Financing Scheme” where NCC activities can be started in institutions which are willing to bear the entire cost of training.  As per the scheme, 31 institutions in different States have been identified for the Pilot Project. Allotment of NCC to a wait listed institution is subject to authorized strength and training capacity of a NCC unit as well as occurrence of vacancy. Therefore, a specific time period cannot be fixed for a waitlisted institution to get NCC.

The State/UT wise details of Government/Private Schools/Colleges in the waitlist for allotment of NCC is as below:
STATE/UT WISE SCHOOLS/COLLEGES WAIT LISTED IN NCC




This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri M Udhayakumar in Lok Sabha today.

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Training of Defence Personnel

Training exchanges are conducted between Armed Forces personnel of India and various foreign countries. The details of training imparted to defence personnel of foreign countries during the last three years are as follows:



*Projected figure till 30th June 2015.

The list of the foreign countries which have sent their defence personnel for training in India is placed below:

List of Foreign Countries

Defence Personnel from following 65 Friendly Foreign Countries have attended training in India during last 3 years:



This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Ashwini Kumar And Shri A Anwhar  Raajhaa in Lok Sabha today.

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Decommissioning of INS Viraat

Indian Navy has been successfully undertaking Carrier – borne operations since induction of the first Aircraft Carrier INS Vikrant in 1961 and as such it has gained adequate proficiency in carrier operations.

Integration of INS Vikramaditya with Western Fleet has been completed during 2014 and its combat worthiness was assessed during the recently concluded Theatre Level exercise (TROPEX-15).

Operation-cum-Refit Cycle (OCRC) is promulgated for all naval ships dictating the time-periods during which a ship is available for operations, followed by refit. In addition, short maintenance periods namely, Self-Maintenance Period (SMP) and Assisted Maintenance Period (AMP) are also planned during the operational period. Annual Refit Conference and Mid-Year Refit Review are scheduled every year to review the progress / initiate actions for timely completion of refits.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri G Hari and Smt Kothapalli Geetha in Lok Sabha today.

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Development of Naval Missiles

The proposal is to develop a Point Defence Missile System for the Indian Navy jointly by Defence Research and Development Organisation (DRDO), Bharat Dynamics Limited (BDL) and MBDA, France. The Acceptance of Necessity (AoN) cost of the project is Rs. 600/- crore.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Prof Saugata Roy in Lok Sabha today.

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Defence Deal with France

As per the India-France Joint Statement issued by the two countries during the Prime Minister’s visit to France, Government of India conveyed to the Government of France that in view of the critical operational necessity for Multirole Combat Aircraft for Indian Air Force (IAF), Government of India would like to acquire 36 Rafale jets in fly-away condition as quickly as possible. The two leaders agreed to conclude an Inter-Governmental Agreement for supply of the aircraft on terms that would be better than conveyed by Dassault Aviation as part of a separate process underway; the delivery would be in time-frame that would be compatible with the operational requirement of IAF, and that the aircraft and associated systems and weapons would be delivered on the same configuration as had been tested and approved by IAF; and with a longer maintenance responsibility by France.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Anto Antony in Lok Sabha today.

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Import of Arms

The expenditure on Capital Acquisition of Defence equipment in respect of orders placed on foreign vendors for the years 2011-12, 2012-13 and 2013-14 was Rs. 22465.09 crore, Rs. 26313.00 crore and Rs. 35082.10 crore respectively.

The major items procured from foreign vendors include Aircrafts, Rockets, Missiles, Tanks and Simulators.Navy Ships and some of the Aircrafts and Radars are constructed / produced indigenously.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Dushyant Chautala in Lok Sabha today.
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Ordnance Factories

There are 39 Ordnance Factories manufacturing Defence equipment.  In addition, 2 factories are at project stage (one at Korwa, UP and another at Nalanda, Bihar).

Ordnance Factories manufacture a range of products and the manufacturing capacity created in different Ordnance Factories is interchangeable for similar kind of products to cater for the variable demand projected by the indenters in different years. Accordingly the manufacturing capacity for a specific product cannot be expressed as  a fixed quantity. It may also not be prudent to divulge the information on production capacity in Ordnance Factories from a national security point of view.  The List of Ordnance Factories, State/UT wise, along with their major products is mentioned as under:








Ordnance Factories have ISO 9000 certified Quality Management System (QMS) as well as National Accreditation Board for Laboratories (NABL) accredited Labs. Items manufactured in Ordnance Factories are inspected by Quality Control wing of concerned Ordnance Factory during manufacturing process; besides there is surveillance audit and Final Acceptance Inspection (FAI) by Directorate General of Quality Assurance (DGQA) as second party Quality Assurance agency. Only the products conforming to laid down specifications are issued to the User.

There is no return of defective defence equipment to Ordnance Factories from the User during the last three years.

Government has taken various steps for further improving upon the quality systems in Ordnance Factories. Some of the major steps are:-

Exclusive Quality Control set up:  Each Ordnance Factory has got exclusive Quality Control Department dedicated to look after all the Quality functions of the factory.

Audit of manufacturing process:  At factory level, to check any deviation from the standards, process audits are carried out on a regular basis by factory, Quality Audit Group (QAG) of Ordnance Factories and surveillance audit by DGQA.

Quality Review Meetings:  Quality   Review   Meetings are being organized every month in all the Ordnance Factories along with the representatives of DGQA to review in process deviation, analyse the defects and improvements.

Introduction of NQDBMS (Networked Quality Data base Management System): For better communication & transparency, NQDBMS has been implemented in all Ordnance Factories.  Matters related to NQDBMS are reviewed every month with local unit of DGQA at factory level.

Customer feedback: Representatives from Factories visit the field units as well as users of all ranks from field units are also invited to visit the Factories for feedbacks on the products supplied by OFB.


This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri Dharambir and others in Lok Sabha today

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Release of Additional Spectrum

Department of Telecommunication, Ministry of Communications & Information Technology (MOC&IT) requested Ministry of Defence (MoD) to consider the release of 5MHz of 3G spectrum for commercial use. Pursuant to that, Ministry of Defence has already given consent for use of this spectrum for commercial use.

This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Dr Kirit Somaiya in Lok Sabha today.

Unregistered Companies Unregistered Companies Reviewed by Ajit Kumar on 4:44 PM Rating: 5

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