mentioned in the agreement the same was
transferred to several fake/shell companies. It was further
alleged that at the time of availing the loan ... around Rs.8 crores stated to have been
diverted into such shell companies which were created by
the accused in the name of his employees
part of the
said land on lease to the 'Burmah Shell Company' by depositing title deed
(Royal Grant) of the land ... further averred that in the year 1973-74, the Burmah Shell Company
got merged in the Bharat Petroleum Corporation Ltd., and since then
Bharat Petroleum
remaining CAs (who had
audited balance sheets of e-DHFL & Shell companies and who
had facilitated the promoters), ultimate beneficiaries/end use of
diverted ... funds through shell companies & other Wadhawan
Group Companies, the DHFL officials, insider share trading of
DHFL shares, bank officials, NHB officials and other
connected
company, be it in fiscal statutes or in
penal statues. Neither the Companies Act, 1956 nor the Companies Act, 2013 defines the
expression shell company ... Registrar of
Companies can do is to strike off the name of such company from the register of
companies. But if the shell company
control of Burmah Shell, in relation to its undertaking in India. The statutory right of tenancy in Burmah Shell Oil Storage Company would ... name tor Burmah Shell Refineries Limited. Thus, the statutory right of tenancy available to Burmah Shell Oil Storage Company was secured by the appellant
company. As per the details available, the
assessee has received share capital and share premium
from the following Kolkata based companies which were
proved shell ... share
capital money of Rs.40,00,000/- from Kolkata based shell
companies during the year under consideration.
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Delhi, and had laundered tainted cash
amounts through Kolkata based shell companies, the Directorate
of Enforcement had registered an ECIR bearing No.
ECIR ... Ankush Jain, and the fresh shares issued to the Kolkata
based Shell Companies were promptly transferred to
Vaibhav Jain and Ankush Jain during the check
companies but Ashish Bhalla and his family members do not become
directors to avoid legal liabilities. Following Companies besides more than
100 additional shell Companies ... companies but Ashish Bhalla and his family members do not
become directors to avoid legal liabilities. Following Companies besides
more than 100 additional shell Companies
another ostensibly to buy shares of some
Kolkata based shell companies in the name of the corporate debtor
and the money trail ... some other
companies. These aspects require detailed investigation
since it is prima facie apparent that these companies are
nothing but shell companies of Kolkata being
Dinesh Gope was the co-Director along
with appellant in the shell companies, through which, the
illegal transactions were being made. The statement ... PLFI supremo Dinesh
13
( 2025:JHHC:12098-DB )
Gope in the shell companies, through which, the illegal
transactions were being made. The Court had also
