News & Media 19th Sep 2022
With an intent to ease of doing business and reduce stiff compliances for the MSME sector, the Ministry of Corporate Affairs (MCA) has changed the definition of a small company. Now, as per the new guidelines a small company is that with a paid up capital of INR 4 crores and a turnover of INR 40 crores.
The Telegraph has written an article on this, where Economic Laws Practice (ELP) Laws Practice’s Partner Manendra Singh’ s views have been sought.
Read the article here: Click here