New Delhi Jillian Consultants, a company that is facing scrutiny by the Ministry of Corporate Affairs (MCA) for allegedly setting up shell companies in India with ‘Chinese links’, has denied the allegation and said That 189 companies have helped set up investors. India deals in sectors such as trade, precision instruments, mobile phone accessories, logistics, medical and other industries.
The government on Sunday said that it has arrested a director of Jillian Consultants India Pvt Ltd. Ltd., a branch of Jillian Hong Kong Limited, is operating out of Gurugram after searches of its premises and two other companies. The ministry also said that it has ordered an investigation by the Serious Fraud Investigation Office (SFIO) on 33 companies, including Jillian Consultants.
The company has now said that all 189 companies that helped set up operations in India and strictly comply with local laws and corporate compliance requirements are not shell companies.
“Second, now all our employees are actively cooperating with the Ministry of Corporate Affairs (MCA) of India in the investigation. The investigation is still ongoing and no conclusions have been drawn…” the statement said. meet the requirements of law”. The company said that it believes in Indian laws and expects that all enterprises in India will also be respected.
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