The Ministry of Corporate Affairs (MCA) has removed 2.33 lakh inactive and non-compliant companies in the past five years as part of a major clean-up. The government is targeting shell companies, which are often involved in illegal activities like tax evasion and money laundering. States like Maharashtra and Delhi have been the biggest contributors to this issue, with major action taking place in 2022-23. This effort aims to improve corporate governance and reduce widespread non-compliance.