Search For "shell companies"
Updated : 4 months, 1 week ago IST
Mumbai (Maharashtra) [India], September 13 (ANI): Bharatiya Janata Party (BJP) leader Kirit Somaiya on Monday alleged that Maharashtra Cabinet Minister Hasan Mushrif and his family members are involved in money laundering and have stakes in shell companies.
Updated : 5 months, 2 weeks ago IST
London [UK], August 9 (ANI): The Chinese companies have been using a loophole for decades to raise money from foreign investors by using a structure called variable interest entity, or VIE.
Updated : 6 months, 1 week ago IST
Chandigarh (Punjab) [India], July 13 (ANI): Punjab Chief Minister Captain Amarinder Singh on Friday accused the Aam Aadmi Party (AAP) and Shiromani Akali Dal (SAD) of lying on the issue of political funding from private power companies, saying that unlike the illegal donations made to these
Updated : 7 months ago IST
Dehradun (Uttarakhand) [India], June 23 (ANI): The Special Task Force of Uttarakhand Police brought an accused, who allegedly formed six shell companies with Chinese nationals to cheat people, from Delhi to here for questioning.
Updated : 9 months, 4 weeks ago IST
New Delhi [India], March 27 (ANI): Delhi's Patiala House Court has dismissed the regular bail petition of a Chinese national allegedly involved in siphoning off a huge amount of money through a web of shell companies by Hawala transaction.
Updated : 1 year, 5 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.
Updated : 1 year, 10 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.
Updated : 2 years, 10 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.
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.
Updated : 3 years, 3 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.
Updated : 3 years, 7 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.
Updated : 3 years, 11 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.