Iran

Trade Based Money Laundering related to Iran

Introduction of Iran Economy Iran as an economy is one of the most controversial economy. Iran is considered as a country of primary concern in...

Trade Based Money Laundering in North Korea in a NUTSHELL

North Korea is one of those 10 Countries who have sanctions imposed by all World Authorities i.e. UN, EU and US. Yes this is...

More Shell companies on SFIO Radar

In an interesting development, the Ministry of Company Affairs which governs the registrations of the companies in India identified 18 more companies which are...

How did Indian Government Zeroed on only 6000 companies as Shell

Shell Companies is a Buzz word in the Indian compliance professionals. There is significant activity in the Indian Corporate world. The Revenue authorities have...

Forensic Audits ordered for 3 more companies

Regulator Securities and Exchange Board of India (SEBI) has ordered an audit of three more firms Mumbai Based Indian Infotech and Software, which was...

SEBI orders forensic audit of JMD Ventures Ltd

Regulator Sebi has ordered a forensic audit of JMD Ventures Ltd (JVL), which figures among 331 ‘suspected shell companies’, after finding prima facie evidence...

Stock Market Regulator of India orders Forensic Audit of Shell Companies

India's Stock Markets regulator, Securities Exchange Board of India (SEBI) has ordered forensic audit of three firms Mumbai Based Trinity Tradelink, Chennai based Info–Drive...

SEBI orders forensic audit of Kavit Industries and GV Films

Securities Exchange Board of India, on 7th August'2017 Declared 331 Companies as Shell Companies. The stock market regulator received the list from the ministry...

40% SEBI Banned Shell Companies are traced in Kolkata

Indian Securities regulator imposed restrictions on 331 shell companies, out of which more than 40% are registered in Kolkata alone. Why Kolkata ? Kolkata is a...

Movers and Shakers of SEBI Banned Shell Company List

Securities Exchange Board of India, the stock market regulator penalised 331 listed companies by imposing restrictions on trading. Some companies which SEBI named in...