SEBI Meeting: Decisions taken on Shell Companies

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Today there is a crucial meeting of the SEBI Board. According to sources, in this meeting, concrete strategies can be made to take action against Shell companies. Laxman, what is going to be special in this meeting of SEBI Board.

This meeting of the SEBI Board will be a special discussion on the Shell companies. Details of SEBI’s action will be presented in the meeting. So far, more than 300 listed shell companies and about 100 unlisted shell companies have been identified. Let us know that on August 7, 331 Shell companies were banned.
In today’s key meeting, a solution to the investors’ money laundering will be discussed and the law of action against Shell companies will be considered. In today’s meeting, a new process for resolving the disputes quickly and the restriction on trading through different pan from the same company will also be discussed.

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