Deregistered firms to face probe
The Enforcement Directorate (ED) will be Roped in to Probe if Companies De-Registered recently have been Involved in Money Laundering, The Ministry of Corporate Affairs (MCA) is Preparing to Send Show-Cause Notices to over 3 Lakh more Firms for Striking Off their Names from the ‘Register of Companies’. These Measures Followed an Operation that was Launched Post-Demonetization to Expedite Action against Companies.