763 private companies have disappeared without any sign after collecting money from the public through IPOs, Deposits, insurance and other saving schemes as per the report of the Parliament Standing Committee on Finance. By offering many benefits, they collect money and then vanish in to thin air. The Parliamentary Standing Committee asked the government to make necessary regulations so that action could be taken against the culprits. Will the government take action?
Private companies vanish with public money- No action
13 Monday Dec 2010
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