Search For "shell companies"
Two arrested by Delhi Police for allegedly donating Rs 2 cr to AAP through
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 21 (ANI): Two persons, including a chartered accountant, were arrested for allegedly donating Rs 2 crore to the Aam Aadmi Party (AAP) through shell companies formed on the basis of fabricated documents, Delhi Police's Economic Offence Wing said on Friday.
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GST authorities bust racket of fake invoicing of Rs 7896 Cr, 2 held
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 3 (ANI): The GST authorities have busted a major racket in West Delhi of fake invoicing of Rs.7,896 crore involving fraudulent Input Tax Credit (ITC) of Rs.1,709 crore using a network of 23 shell companies, the Union Finance Ministry said in a statement on Tuesday.
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Property over Rs 225 cr, 30 shell companies recovered in IT raids at Mayaw
Updated : 7 years, 2 months ago IST
New Delhi [India], March 13 (ANI): Raids on locations related to Mayawati's former secretary, Netram resulted in the disclosure of 30 shell companies, additional properties worth 225 crore and crores of cash, said sources in Income Tax department on Wednesday.
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No evidence of DHFL forming shell companies to divert funds: Auditor
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Dewan Housing Finance Corporation Limited (DHFCL) did not promote any of the 26 shell companies which were alleged to have siphoned off nearly Rs 35,000 crore, independent audit firm T P Ostwal & Associates has said.
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I-T raids continue at associates of TDP MP
Updated : 7 years, 7 months ago IST
New Delhi [India], Oct 12 (ANI): Evidence of shell companies have been reportedly found in the Income Tax raid conducted at the residences of close relatives of Telugu Desam Party's MP C.M. Ramesh on Friday.
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2.26L shell companies de-registered in FY 17-18: Centre
Updated : 7 years, 11 months ago IST
New Delhi [India], June 08 (ANI): The Task Force on Shell Companies has de-registered more than 2.26 lakh shell companies from the Registrars of Companies in the financial year 2017-18, the Ministry of Finance said on Friday.
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Money laundering case: Delhi HC grants bail to two accused businessmen
Updated : 8 years, 3 months ago IST
New Delhi [India], Jan 26 (ANI): The Delhi High Court on Thursday granted bail to two accused businessmen Surendra Jain and Virender Jain in connection with the Rs 8,000 crore money laundering case.
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Jaitley terms demonetisation rollout as 'watershed moment' of Indian econo
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 7 (ANI): Ahead of the first anniversary of the Centre's biggest decision against curbing of the black money menace, Finance Minister Arun Jaitley on Tuesday said that November 8 will be remembered "as a watershed moment in the history of Indian economy".
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Over two lakh firms under scrutiny for post-demonetisation transactions
Updated : 8 years, 7 months ago IST
New Delhi [India] October 6 (ANI): The fight against black money and shell companies has taken a fresh twist with the Centre confirming that post-demonetisation some 2,09,032 companies are under scrutiny for their transactions.
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MCA disqualifies more than 2 lakh directors of shell companies within 15 d
Updated : 8 years, 7 months ago IST
New Delhi [India] ,Oct 3 (ANI): In another crackdown on shell companies, Ministry of Corporate Affairs (MCA) has disqualified more than two lakh directors of shell companies within a span of 15 days, for not filing their financial statements or annual returns for two straight years, violatin
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FM Jaitley dismisses corruption in Centre, says excessive cash dealings 'u
Updated : 8 years, 8 months ago IST
New Delhi [India], Sept 21 (ANI): Union Finance Minister Arun Jaitley on Thursday said corruption no longer exists in the Centre, while lauding its proactiveness in implementing the Goods and Services Tax (GST), crackdown on excessive cash transactions, benami property, shell companies and s
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CBI unearths 339 shell companies that diverts Rs. 2,900 crore
Updated : 8 years, 9 months ago IST
New Delhi [India], May 7 (ANI): The Central Bureau of Investigation (CBI) during its probe in the last three years has unearthed 339 shell companies that are based in India to divert funds to the tune of Rs. 2,900 crore.
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