New Delhi: In one of its biggest crackdown on shell companies, the Enforcement Directorate on Saturday conducted simultaneous raids on around 110 premises and 300 shell companies across the country that were suspected to be involved in dubious and illegal transactions during demonetisation, officials said.

The country-wide operation was carried out across 16 states with multiple teams of the agency raiding premises of about 300 shell firms in prominent places like Delhi, Chennai, Kolkata, Chandigarh, Patna, Ranchi, Ahmedabad, Bhubaneswar and Bengaluru among others.