The government has not yet deployed an artificial intelligence (AI)-based system to detect suspicious or shell companies, and continues to rely on a rule-based analytical framework under its MCA-21 portal to identify potential corporate fraud and non-compliance, the ministry of corporate affairs (MCA) said in a written reply to Lok Sabha on Monday. Replying to a question on whether the government has reviewed the campaigns against shell companies, fake directors and suspicious corporate transact
The government has not yet deployed an artificial intelligence (AI)-based system to detect suspicious or shell companies, and continues to rely on a rule-based analytical framework under its MCA-21 portal to identify potential corporate fraud and non-compliance, the ministry of corporate affairs (MCA) said in a written reply to Lok Sabha on Monday. Replying to a question on whether the government has reviewed the campaigns against shell companies, fake directors and suspicious corporate transactThis article was originally published by Telecomliveweb.
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