Company Registrations Drop by 22% in October Amid Slowing Urban Demand
New company registrations declined by 21.8% in October, with only 12,207 incorporations, marking the fourth consecutive monthly decline.
Company Directors, trustees, and nominee shareholders are now under Money Laundering Act
The Finance Ministry expanded the ambit of the Prevention of Money Laundering Act (PMLA) to include directors of a company, trustees of an express trust, and nominee shareholders of a company as reporting entities. This means that these individuals will be held responsible for any misconduct or viol
