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Govt sends notices to 2.25 lakh suspected shell companies
short by Krishna Veera Vanamali / on Sunday, 17 June, 2018
As part of its crackdown on shell companies , the Ministry of Corporate Affairs has served notices to 2.25 lakh companies that haven't been carrying out business for long. The decision on deregistering them would be taken after considering their responses. This comes after the ministry deregistered about 2.26 lakh companies last year for failing to comply with regulatory requirements.
read more at India Today