The RoC has lodged 39 FIRs in Mumbai alone. Other cities, including Hyderabad, Ahmedabad, and Gurugram, are conducting similar investigations. Here is the reason why India is cracking down on firms with Chinese directors.
Harbin Electric India, a Mumbai-based infrastructure company, has been operating without issue for over a decade. However, it, like dozens of other companies with Chinese directors or shareholders, is now in jeopardy.
The Registrar of Companies, a division of the Uni...
