By Raja Chowdhury
New Delhi: The Directorship
details of Karti P Chidambaram, son of Former Indian Finance P Chidambaram, raises
several questions related to the way the business was conducted during his hay
days as director in several companies.
According to the Ministry of Corporate Affairs,
documents available with INDvestigations, Karti P Chidambaram,
as on April 15, 2014, he was one of the directors in atleast 15 companies. Later
he resigned and remained in the board of Directors of atleast 8 companies after
resigning from the directorship of 7 companies after the 2G scam came into the public domain.
He was caught in
Aircel- when he resigned from Ausbridge soon after Dr. Subramanium Swamy
announced the list of his companies.
Surprisingly, keeping
all rules and regulations at bay, younger Chidambaram managed to operate his
businesses through SIX DIN (Director Identification Number) numbers. Legally,
According to the law, this is an unique number like PAN, Voter Card, Passport
etc given to an existing or a potential Director of any company which is incorporated.
This was in gross violation
of the law of the land and was using in various business organizations where he
was the director and according to his own whims and fancies.
The question arises is
whether the set of rules for the common business persons were different from
the high and influential people during the Congress regime? What was the need
for Karti to conduct his business with six different DIN numbers? Was it done
to evade taxes and to ease his off shore business?
A few questions which
needs to be answered.
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