Moody's finds 942-year-old director among 21 mn red flags on shell companies
South Asia, mainly India, has the most firms with circular ownership concerns, finds Moody's Analytics.
shell companies
January 2024
February 2023
January 2023
March 2022
Games shell companies and tax havens play
They are conduits for money laundering, hiding money and properties and evading tax, thereby making a mockery of corporate governance.
Hindenburg report timed to damage Adani Enterprises FPO: Adani Group CFO
Adani Group says the Hindenburg report is a "malicious combination of selective misinformation and stale, baseless and discredited allegations."
RoC strikes off 3.82 lakh shell companies
The companies are removed when RoC has reasonable cause to believe that firms are not carrying on any business for a period of two immediately preceding financial years.
