Government Cracks Down on Inactive Companies: What Does This Mean for Business Compliance?

As per the Press Information Bureau dated 5th November 2017, around 2.24 lakh companies were struck off till date for remaining inactive for a period of 2 years or more.

It was a clear warning to all companies that non-compliance would not be permitted. [Read More](https://lexcomply.com/blog/government-decide-to-strike-off-companies-again/)

A good step. But the system is deeply rooted.

Many influential people have several shell companies, and getting them to close shop is the issue.