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Shell Companies: BSE Imposes Curbs On 2 More Firms
Leading stock exchange BSE imposed trading restrictions on two more firms Sancia Global Infraprojects and Koa Tools India on regulator Sebi's directives regarding a clampdown on suspected shell companies. As a result, the shares of the two firms will be moved ...
What Is A Shell Company?
Shell companies are used as vehicle by several large companies to either hideaway business title details from public or law enforcement. As a general conception, Shell company deemed as an illegal entity has a legal framework which though engages in ...
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