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Stringent Compliance Norms In Place To Crackdown Shell Firms
In a bid to curb the rise of shell firms and keep a track of dormant entities as also check fly-by-night operators, the MCA has put in place more stringent compliance norms and amended the Companies (Appointment and Qualification of Directors) ...

What is a dormant account?
If you have multiple savings account, it may so happen that you may completely forget an account for few years until you found your old ATM or cheques. If there is no transaction in account for two years, other than interest ...
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