Latest News for: Bvi share trust

Edit

Held for fraud, DHFL promoters Wadhawans bought business jet, floated offshore companies

Indian Express 16 Oct 2021
But what the Wadhawans have not disclosed is that since 2006, they incorporated a string of offshore companies, via the Trident Trust (BVI), registered mostly in Tortola, the British Virgin Islands, and one in the Bahamas ... Yet another offshore BVI company with Wadhawans, also registered with the Trident Trust, is Team Fortune Investment Limited.
Edit

Pandora Papers: Kamal Nath’s son, Agusta deal key accused had offshore links

Indian Express 11 Oct 2021
Records show AgustaWestland case accused Saxena set up a trust in 2014 for personal assets with its underlying company in the BVI being Tanay Holdings Limited, linked to shares or ownership of 14 other companies or assets ... The trust was set up to hold shares in Fritton BVI which ...
Edit

Pandora Papers: Post-Ranbaxy, Singh brothers, now in jail, opened 2 offshore firms

Indian Express 08 Oct 2021
Pandora records show that Clonberg Holdings and Forthill International were registered in BVI on January 2, 2009, through Aleman, Cordero, Galindo & Lee Trust (BVI) Limited. Clonberg had issued 44.5 lakh shares, and Forthill 48.5 lakh shares as of May 2018 ... DCM scion, his wife held shares in BVI company.
Edit

Mumbai real estate major Hiranandani: Link to BVI, trust with $60 million in assets

Indian Express 06 Oct 2021
These shares were transferred to Harris Worldwide, a shareholder in a number of companies registered in BVI through Trident Trust, and further to Nogard Associates Limited in June 2013. As for The Solitaire Trust, it initially had 1,000 shares each at $1 in two of these BVI companies ... Subsequently, the Trust received shares of other companies, too.
Edit

How Pramod Mittal ‘owed’ $1 bn to Pramod Mittal — and got his deal

Indian Express 05 Oct 2021
Since 2001, the Trust held all 194,801,000 shares worth $1 each of Direct Investment Limited (BVI) ... In September 2008, ABC Settlement Trust transferred to Prasan PTC Ltd (BVI) all the 194,801,000 shares of Direct Investment Limited (BVI) ... to Prasan PTC Ltd, the BVI Trust company.
  • 1
×