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Wednesday, January 20, 2021

Shell Companies


For not filing financial statement: 2.25 lakh companies may be struck off

June 09, 2018 2:34 am

These companies and LLPs will be given an opportunity of being heard by way of notices regarding their default and the proposed action, it said, adding that appropriate action will be taken after considering their response.

Google's `Dutch Sandwich' shielded 16 billion euros from tax in 2016

January 03, 2018 1:47 pm

Google made use of its 'Dutch Sandwich' system, to shield 16.2 billion euros of profits from taxes, as revealed by a Dutch regulatory filing.

Govt releases names of 55K directors linked to delisted ‘shell companies’

September 20, 2017 3:20 am

In most cases, the directors whose names have been made public will not be eligible for any directorship till October 2021 as the action has been initiated with effect from November 2016.

Almost three lakh notices issued to suspected shell firms

June 02, 2017 10:26 pm

In a bid to root out shell companies engaged in nefarious activities, the ministry is taking steps to nullify the registration of such businesses.

Fire at Shell Singapore refinery intensifies

September 28, 2011 5:25 pm

Eyewitnesses said explosions were heard and the fire worsened at the plant on Bukom Island.

Nevada's big bet on 'shell' secrecy

September 26, 2011 6:08 pm

Presence of former felons in the business of creating businesses is rampant in America Inc.