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.
News On AIR | January 17, 2018 8:11 AM
Govt to strike off names of one lakh twenty thousand more companies from official records as part of fight against black money