Company Registrations Fall For Fourth Consecutive Month, LLPs Defy Trend To Grow 22%
New company registrations in India dropped by 4.1% year-on-year in August, following an 11% decline in the previous month, according to the latest data from the Ministry of Corporate Affairs.
India to launch an automated compliance system for limited liability partnerships
The Indian government is set to implement a new compliance oversight regime for limited liability partnerships (LLPs), with over 260,000 active LLPs to receive auto-generated alerts and emails for default and missed deadlines. The corporate affairs ministry has completed a successful pilot of the IT