Tag: Shell Companies

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 […]

New Delhi/Bhubaneswar: The Enforcement Directorate (ED) today launched a country-wide operation and conducted searches at 100 locations in sixteen states including Odisha as part of its crackdown on shell companies. Multiple teams of the ED visited raided the premises of about 300 shell firms in places like Delhi, Chennai, Kolkata, Bhubaneswar, Chandigarh, Patna, Ranchi, Ahmedabad […]