Govt says 3,560 companies in India have Chinese directors
New Delhi, Dec 12: The government on Monday said there are 3,560 companies in India that have Chinese directors.
In a written reply to the Lok Sabha, Minister of State for Corporate Affairs Rao Inderjit Singh said there are 174 Chinese companies that are registered in the country as foreign companies having place of business in India with the ministry.
"... as per the CDM database, there are 3,560 companies in India which have Chinese directors. It is not possible to give the number of companies having Chinese investors/ shareholders as the data is not separately maintained in the MCA (Ministry of Corporate Affairs) system," he said.
The Corporate Data Management (CDM) portal has been developed by the ministry as an in-house data analytics and business intelligence unit.
The government has amended certain rules and forms prescribed under the Companies Act, 2013 to regulate the incorporation of companies, the appointment of directors, issuance & transfer of securities and undertaking compromise, arrangements & amalgamation in cases where Land Border Countries Entities (LBCEs) are involved.
"New requirements have been provided through such amendments for disclosures, in such cases, about government approval obtained under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 or for obtaining security clearance from the Ministry of Home Affairs, Government of India," the minister said.
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Thane court sentences two men to life imprisonment in 2017 gang-rape case
Thane: A court in Maharashtra's Thane district has sentenced two persons to life imprisonment for the rape of a 30-year-old woman in 2017.
Additional sessions judge Vasudha L Bhosale on Friday found the accused, Suresh Pandurang Gosavi (40) and Umesh alias Rakesh Zhala (39), guilty under relevant provisions of the Indian Penal Code.
The court sentenced them to life imprisonment and imposed a fine of Rs 55,000 each.
The accused were also convicted on the charges of kidnapping the victim and robbery and handed them different terms of imprisonment.
The judge, in her order, stated that all the sentences would run concurrently.
The court also ordered that the accused pay Rs 40,000 each to the victim as compensation and referred the case to the DLSA for compensation to the victim as per law.
Additional public prosecutors Varsha Chandane and Rajendra P Patil told the court that on the evening of December 19, 2017, the victim, who was employed as a store manager, was returning home from work when she took Gosavi's cab, and the other accused man was already in the front seat.
The accused drove some distance and halted, claiming the car had a flat tyre that needed to be fixed. The duo proceeded to rob the woman, snatched her jewellery and mobile phone and raped her in the car, the prosecution said.
The men then took her to a lodge, where she raised an alarm, and they abandoned her and fled, they said.
The judge, in her order, noted that the prosecution had successfully proved all charges against the accused, who needed to be convicted and sentenced.
