SEBI forensic

SEBI orders forensic audit of Shell Companies

Forensic Auditor is a professional who successfully clears the uniform examination conducted by Indiaforensic for the course of Certified Forensic Accounting Professional

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 followed an interesting strategy to zero down...

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 of misuse of the firm’s funds. JMD Ventures...

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 also known as Indian Leasers Limited Kolkata...

Textile firms in Money Laundering

The Directorate of Revenue Intelligence (DRI) is learnt to have unearthed a fraud involving at least half a dozen textile exporters who allegedly laundered at least Rs 200 crore in the...

Regulatory Actions against the Shell Companies in India

Indian Securities Regulator, SEBI also known as Securities Exchange Board of India has imposed trading restrictions on 331 listed entities which it identified as shell companies. A surprise move that was declared by the regulators...

Defining the Shell Companies in India

The purpose of this article is Defining Shell Companies in Indian parlance. Though there have been significant actions taken on the Indian companies by their regulators, tax authorities and the company registration...

Professional CAs are acting as Shell Company operators

In the month of March'2017, there was a news that almost 54 Chartered Accountants have come under the radar of the Income Tax department and the Enforcement Directorate over money laundering...

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 popular destination of the Shell companies because...

Trending on Indiaforensic