more-inThe Union government on Friday announced that it has received the post-demonetisation transaction data from 13 banks involving 5,800 companies and 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 provided to the government involves the transactions of some of these companies. A company had the highest number of accounts - 2,134, associated with it, followed by others having accounts in the range of 900, 300, and so on, the statement said. “It is informed that, after separating the loan accounts, these companies were having a meagre balance of Rs 22.05 crore to their credit on November 8, 2016.

Source: The Hindu October 06, 2017 07:20 UTC