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Over 2.04L private companies shuttered in last five years
Orissa POST
|December 02, 2025
New Delhi, Dec 1: The government Monday said 2,04,268 private companies have closed down during the last five years.
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These companies have been shut down on account of amalgamation, conversion, dissolution and struck off from the records under the Companies Act, 2013.
According to data provided in a written reply by Minister of State for Corporate Affairs Harsh Malhotra to Lok Sabha, 20,365 private companies were closed down in 2024-25 while the count was at 21,181 and 83,452 in 2023-24 and 2022-23, respectively.
The number of shuttered private companies stood at 64,054 in 2021-22 and 15,216 in 2020-21.
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