January 17, 2018 8:11 AM

printer

Govt to strike off names of one lakh twenty thousand more companies from official records as part of fight against black money

The government has decided to strike off the names of 1 lakh 20,000 more companies from the official records for various non-compliances as part of its fight against black money. <br/><br/>The latest decision came after a review meeting of the action taken with respect to de-registered firms last week. <br/><br/>An official release said, Minister of State for Corporate Affairs PP Chaudhary, who chaired the review meeting, has directed officials to expedite action against the companies. <br/><br/>Nearly 2 lakh 20,000 companies have already been deregistered and around 3 lakh directors associated with these entities have been disqualified.

Most Read
View All arrow-right

No posts found.