https://www.taxtmi.com/news?id=23179 A government Special Drive used the Companies Act removal framework to identify and strike off companies principally for non-filing of financial statements for two consecutive years, completing statutory notice and removal steps; a Special Task Force recommended specific red flag indicators to identify entities described as shell companies-entities lacking active operations or significant assets and potentially used for illicit purposes. en-us Mon, 21 Sep 2020 10:24:55 +0530 Mon, 21 Sep 2020 10:24:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23179 A government Special Drive used the Companies Act removal framework to identify and strike off companies principally for non-filing of financial statements for two consecutive years, completing statutory notice and removal steps; a Special Task Force recommended specific red flag indicators to identify entities described as shell companies-entities lacking active operations or significant assets and potentially used for illicit purposes. News - Mon, 21 Sep 2020 10:24:55 +0530 https://www.taxtmi.com/news?id=23179