{"id":35046,"date":"2018-10-31T14:55:34","date_gmt":"2018-10-31T09:25:34","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=35046"},"modified":"2018-10-31T14:55:34","modified_gmt":"2018-10-31T09:25:34","slug":"a-big-broom","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/a-big-broom\/","title":{"rendered":"A big broom:\u00a0"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/todays-paper\/tp-opinion\/a-big-broom\/article19724060.ece\"><span style=\"font-weight: 400;\">A big broom<\/span><\/a><span style=\"font-weight: 400;\">:\u00a0<\/span><\/p>\n<p><b>Context:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The government\u2019s decision to publicize the identities of entities involved in malpractices through shell companies.<\/span><\/p>\n<p><b>What are the reasons behind the government\u2019s crackdown on shell companies?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fight against black money<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Create an atmosphere of confidence <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Improving the climate for ease of doing business<\/span><\/li>\n<\/ul>\n<p><b>What is the government\u2019s latest decision on shell companies?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The government will publish the details of individuals associated with shell companies and doing malpractices.<\/span><\/li>\n<\/ul>\n<p><b>Why should the government be cautious?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A Hasty decision may fulfill the cause of the move; an Innocent entity may be penalized. Example: the Securities Appellate Tribunal recently gave relief to some entities over trading curbs hastily imposed on them by SEBI.<\/span><\/li>\n<\/ul>\n<p><b>What are the areas of opportunity?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Each shell company must be duly investigated<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Both the Union government and the regulatory arms should analyze the loop-holes which allowed so many companies to do malpractices<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">They should target the deep-rooted maladies instead of symptoms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">It should make earlier to delist a company<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A big broom:\u00a0 Context: The government\u2019s decision to publicize the identities of entities involved in malpractices through shell companies. What are the reasons behind the government\u2019s crackdown on shell companies? Fight against black money Create an atmosphere of confidence Improving the climate for ease of doing business What is the government\u2019s latest decision on shell&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/a-big-broom\/\">Continue reading <span class=\"screen-reader-text\">A big broom:\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-35046","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704818075},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=35046"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35046\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=35046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=35046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=35046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}