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21 lakh company directors fail to register for eligibility
While close to 50 lakh DINs have been issued, only 33 lakh were considered to be active directors. As part of the crackdown on shell companies nearly three lakh companies that had not filed returns have been deregistered and over three lakh directors have been disqualified. The government believes that shell companies and bogus directors are key channels to generating black money. While PAN for most of the directors has already been linked, the government has also mandated linking of Aadhaar with DINs.
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