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Q.

Shell companies refer to

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21% of IItians & 23% of AIIMS delhi doctors are from Sri Chaitanya institute !!
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a

A company without active business operations

b

Mining companies

c

Start-ups

d

Foreign companies

answer is C.

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Detailed Solution

Shell company only exist on papers or documents without having any actual active business activities and without having any significant assets. Thus, these shell companies have some corporate-legal personalities.

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Get ₹ 1 crore* worth scholarship for JEE / NEET / Foundation
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