Recently, Stock market regulator SEBI has imposed trade restrictions on 331 firms which are suspected of being "shell companies". Which of the following is NOT an activity generally carried out using shell companies?
Q. Recently, Stock market regulator SEBI has imposed trade restrictions on 331 firms which are suspected of being "shell companies". Which of the following is NOT an activity generally carried out using shell companies?
Answer: Trade and normal business
Notes: Shell companies are created for unstated / hidden objectives of financial manoeuvres and not for normal trade.