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Authorities Must Notify and Hear Companies Before Declaring Them as Shell Companies, Ensuring Fair Process.
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....Declaration or branding of shell company - no person can be condemned unheard. Therefore, before branding petitioner No.1 as a shell company, it was obligatory on the part of respondent No.1 to have issued notice and to have heard petitioner No.1.....
TaxTMI
TaxTMI