A regulatory mandate, which seeks to pin down a company’s location accurately, is giving India Inc sleepless nights. Called ACTIVE (Active Company Tagging Identities and Verification), it was introduced in February by the corporate affairs ministry to crack down on shell companies and protect public money and financial irregularities.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2JFRWnx
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Monday 27 May 2019
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Anti-shell company provision is impractical, feels India Inc
Anti-shell company provision is impractical, feels India Inc
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