The Central government has recommended disciplinary action against 400 Chartered Accountants (CAs) and Company Secretaries (CSs) for their alleged role in incorporating Chinese shell companies in metropolitan cities by flouting norms and rules, The Hindu has learnt.
The stringent action is among a series of measures taken by the government against Chinese business entities after the 2020 Galwan incident when 20 soldiers were killed in violent clashes with the Chinese People’s Liberation Army (PLA).