Noose tightens around 5,800 shell firms

The highest grosser among these has 2,134 accounts

The government has collected startling data on multiple accounts of 5,800 shell companies out of the over 200,000 that were struck off by the registrar of companies (RoC). Some of these companies operated accounts even after their names were taken off the rolls. The companies deposited and withdrew huge amounts from banks post-demonetisation, while they had meagre deposits before November 8, 2016.

Of these, one company, Gold Sukh Trade India Limited, had  2,134 accounts alone.  Another company, Ashwin Vanaspati, had 900 accounts, official sources said. 

Similarly other companies — Shanti Infrastructure and Colonisers Private Limited, Aptive IT Solutions and Swarnalabh