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shell firms

Enforcement Directorate analysing 120 shell firms in PNB fraud case: Govt

PNB has been defrauded of over Rs 12,700 crore by fraudulent use of LoUs allegedly by Nirav Modi and his associates.

Mar 23, 2018, 17:41 PM IST

PNB fraud: ED, CBI widen probe; 200 shell firms, benami assets under scanner

ED suspects that the shell firms were being used to route funds, which were then parked as land, gold and gems under fake identities.

Feb 19, 2018, 00:00 AM IST

Bollywood, builders & brokers: More 'shell-shocks' in store

While several small brokers are already in the list of 'suspected shell firms', their links to bigger brokerage groups are being probed by 

Aug 13, 2017, 14:37 PM IST

13,000 inactive companies come under government lens

Nearly 13,000 companies have come under the government scanner for not carrying out business activities for a prolonged time amid stepped up efforts to clamp down on illicit fund flows through shell firms.

Apr 27, 2017, 18:38 PM IST

Shell companies under our radar: CBDT chief

The Central Board of Direct Taxes (CBDT) is examining several dubious companies and they would be removed from the website of Ministry of Corporate Affairs (MCA) if found to be shell firms.

Mar 04, 2017, 12:48 PM IST

Company registrations decline by half in Apr-Aug 2014

As many as 43,601 companies had got registered during April-August period of the last financial year.

Dec 09, 2014, 16:07 PM IST