In the year 2018, the Govt. of India had identified over 16,500 shell companies and blacklisted more than 30,000 directors in order to cleanise the corporate sector. As of now, various methods, strategies and schemes have been implemented to crack down the shell companies but the Govt. is still grappling with the problem to unearth the shell companies. Therefore, the MCA has come up with new e-form 'Active' to unravel such companies.
from taxmann.com News https://ift.tt/2GKiS3L
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