Parliament Question: Private Companies Shut Down in Maharashtra

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 3680 ANSWERED ON MONDAY, AUGUST 10, 2026 Private Companies Shut Down in Maharashtra 3680. Shri Rajabhau Parag Prakash Waje: Will the Minister of Corporate Affairs be pleased to state: (a) the number of private companies shut down in Maharashtra during the last five years, sector-wise and district-wise, particularly in industrial hubs like Nashik, Pune and Sambhajinagar, where thousands of workers have lost their livelihoods; (b) whether the Government is aware that a majority of displaced employees have received neither rehabilitation nor statutory dues, and the steps taken to ensure payment of Provident Fund, gratuity and pending wages; (c) whether any special rehabilitation package is being implemented for workers affected by company closures in Maharashtra, if so, the details thereof; and (d) whether the Government proposes tax incentives and location- based benefits to attract genuine industries to rural and backward districts of Maharashtra to generate employment and if so, the details thereof? ANSWER THE MINISTER OF STATE OF THE MINISTRY OF CORPORATE AFFAIRS AND MINISTRY OF ROAD TRANSPORT AND HIGHWAYS. (SHRI HARSH MALHOTRA) **** (a). The Companies Act, 2013 and IBC have provisions regarding liquidation and dissolution. Provisions regarding removing the name of companies from the register of companies, are dealt with under the Companies Act ,2013. However, the details of the number of private companies which have been liquidated, dissolved or struck off district wise as per the above legal provisions in Maharashtra in the last 5 financial years are provided at Annexure-1. Sector-wise information is provided at Annexure-2. 1Information on the workers affected due to closure of operations of private companies is not maintained by this Ministry. (b). In case of a company admitted into CIRP under IBC, on its successful resolution or liquidation, the claims of the employees and workers are adjudicated in terms orders passed by the Adjudicating Authority. Further, cases where companies are under winding up/liquidation, the claims of workmen/employees, including pending wages and other admissible statutory dues, are dealt with by the Liquidator in accordance with the applicable provisions of the Companies Act or the Insolvency and Bankruptcy Code, 2016, as the case may be. The Liquidator invites and adjudicates claims of workmen/employees and distributes the proceeds realised from the assets of the company in accordance with the statutory order of priority, subject to availability of funds. (c) & (d). In view of the reply to part(a) and (b) above, no such information is centrally maintained with this Ministry. ******* 2Annexure-1 Referred to reply to part(a) of Lok Sabha Un-Starred Q. No. 3680 for 10.08.2026 Number of private companies that were liquidated, dissolved or struck off in Maharashtra for the last five financial years district wise Sl. NO District Number of Companies 1. Ahmednagar 308 2. Akola 119 3. Amravati 151 4. Aurangabad 654 5. Bandra Suburban 172 6. Bhandara 51 7. Bid 116 8. Buldhana 133 9. Chandrapur 111 10. Dhule 99 11. Gadchiroli 25 12. Gondiya 43 13. Hingoli 29 14. Jalgaon 215 15. Jalna 108 16. Kolhapur 429 17. Latur 163 18. Mumbai City 12009 19. Nagpur 1478 20. Nanded 169 21. Nandurbar 47 22. Nashik 840 23. Osmanabad 71 24. Others 5636 25. Parbhani 72 26. Pune 6433 27. Raigarh 822 28. Ratnagiri 78 29. Sangli 247 30. Satara 196 31. Sindhudurg 46 32. Solapur 262 33. Thane 4704 34. Wardha 69 35. Washim 29 36. Yavatmal 76 Grand Total 36211 3Annexure-2 Referred to reply to part(a) of Lok Sabha Un-Starred Q. No. 3680 for 10.08.2026 Number of private companies that were liquidated, dissolved or struck off in Maharashtra for the last five financial years sector wise. Sl No Sector Number of Companies 1. Agriculture and Allied Activities 1178 2. Business Services 14613 3. Community, personal & Social 3361 Services 4. Construction 2356 5. Electricity, Gas & Water companies 387 6. Finance 1012 7. Insurance 41 8. Manufacturing, Mining & Quarrying 6582 & Others 9. Real Estate and Renting 1149 10. Trading 4196 11. Transport, storage and 1336 Communications Grand Total 36211 4