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    <title>Vanishing Companies</title>
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    <description>A Coordination and Monitoring Committee (CMC), co chaired by the Secretary of the corporate affairs ministry and the securities regulator chair, has been constituted to identify, monitor and take action against vanishing companies under the Companies Act, 1956 and the SEBI Act, 1992; prosecutions have been filed against identified entities. Post 2006 reforms instituted Director Identification Numbers and mandatory director disclosure filings to tighten incorporation norms and strengthen oversight.</description>
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    <pubDate>Thu, 17 May 2012 17:20:28 +0530</pubDate>
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