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Shell Companies in India: Fundamentals; Issues and Policy Actions

The term shell company is derived from a shell which has an outer covering but nothing inside. By nothing inside means – it does no substantial tangible business. Here are some basic and general questions on shell companies. Is a shell company always illegal? A shell company may be legal or illegal. There are many […]

Participatory Notes

Stock markets in India are regulated by SEBI and all Foreign Institutional Investors, who invest in Indian stocks have to get registered with SEBI.  The two broad categories of foreign Investments viz. FDI and FII are highly regulated and need several approvals from SEBI. On the other hand, Participatory Notes is the alternative by which […]