The Indian government is taking action against non-profits holding unused foreign funds. Registrations are being cancelled for organization...

The government had undertaken a similar exercise after the demonetisation in 2016. "However, during that exercise, the companies which were...

Nearly 55% of new companies formed in the country perish or become dormant, a study has found.

The proceeds would add to the government's disinvestment kitty.

Minister of State for Corporate Affairs P P Chaudhary told the Rajya Sabha that the term 'shell company' is not defined in the Companies Ac...

Jaitley, who is also the Corporate Affairs Minister, told the Lok Sabha that there is no definition for shell companies under the Companies...

The CBDT, which frames policy decisions for the tax dept, today issued an order on stipulated sharing of bulk I-T data with the Ministry of...

Cleansing the list of 15 lakh registered companies is in itself a huge task since the suspected entities constitute more than 40% of the to...

While investigating agencies are yet to identify the exact points of such cash leakages, ET looks at potential points from where cash could...

Over the past few weeks, the income-tax department has made seizures of new currency notes worth lakhs in raids on several individuals acro...

Many investors are known to open demat accounts to convert old paper securities, or to invest in an IPO and not transact on them.

At the end of March 2015, the number of defunct firms stood at 45,603 and the figure increased to 61,449 till July 16.

Market watchdog Sebi today notified a regulation that makes grading mechanism voluntary for initial public offers.

Besides, 1.43 lakh companies have not filed their annual returns or balance sheets for more than past three consecutive years and are class...

In 2010, the number of defunct companies stood at 1.75 lakh. The figure increased to 2.20 lakh in 2011 and rose to 2.35 lakh in 2012.

The total number of registered companies in the country has crossed 13 lakh mark, but 1.44 lakh of these firms are 'dormant' and have not f...

Maharashtra had a total of 35,664 dormant cos as on August 20, 2012, while the national capital had 28,905 such cos on this date.