Government struck off 2.38 lakh Shell Companies during 2018-2021
Government identified 2,38,223 companies as shell companies and struck off between the years 2018-2021. This information was shared by the Ministry of Corporate Affairs (MCA) vide PIB press release dated 27th July, 2021.
Shell Company has become one of the fancy words in the media. Lets understand the meaning of Shell Company and whether it is illegal?
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