more-inThe Union government on Friday said the post-demonetisation transaction data from 13 banks cast suspicion on 5,800 companies with 13,140 bank accounts. The Registrar of Companies struck off 2,09,032 companies from its lists earlier this year on the suspicion that they were shell companies. The data received from them pertains to merely about 5,800 companies (out of more than 2 lakh that were struck off) involving 13,140 accounts.” it added. Dormant accounts“The accounts were thereafter again left as dormant accounts with paltry balance. As mentioned earlier, this exercise of swindling the authorities was carried out post-demonetisation till the companies were struck off,” the release said.

Source: The Hindu October 06, 2017 15:22 UTC