Definition of Shell Companies

    Posted By : Varun / Published on : 07-Sep-2017 01:47 AM / View : 72 / Comment : 1
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    Where the Shell Companies are defined ?
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    • Non-trading firm formed (and often listed on a stock exchange) as a vehicle to (1) raise funds before starting operations, (2) attempt a takeover, (3) for going public, or (4) as a front for an illegal business. See also shelf company.

      07-09-2017 / 02:18:33 PM
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