Irrational And Illogical #BusinessTitBits

The saga of shell companies and bogus capital as the government alleges is one such instance, where due to a miniscule number of shell companies, the entire corporate world has suffered. Almost 3 lakh entities have been closed down in this manner. To detect and close down alleged shell companies and to tax share capital, on sheer suspicion, the most irrational and illogical measures have been initiated. Why such illogical and irrational moves? Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.