Notices served to 2,100 shell companies in Odisha
Bhubaneswar: Believed to be a clampdown on laundering vehicles of black money, as many as 2,100 shell companies which exist only on paper are staring at cancellation of their registrations. Similarly, 81 limited liability partnerships have been served show cause notices (copy of a notice has been obtained by OTV) by the Registrar of Companies-cum-Official Liquidator seeking response in a month’s time as to why their firms would not be closed down for not being operational even after 2 years’ of obtaining registration.
Apart from these limited liability companies, registration cancellation notices have been served to as many as 2,100 shell firms which even after 2 years of registration have not filed documents related to their operations and their balance sheets.
“Our company was not fake. After company registration we did not start our operations for which we have been served a notice over compliance,” said Abhijit Satpathy, owner of Jaydurga Properties, which has been served a similar notice.