@narendramodi@PMOIndia@CimGOI@startupindia MCA portal not working for months. Stalled investments, increased burns for small issues like conversion of companies can’t be done. Tech systems in our country???
@airtelindia would you mind trying getting a new post paid connection for sunil mittal? He would understand the pain if causes to get a new connection.
@RBI@PMOIndia@startupindia why is existing bank account closed when a LLP converts itself to a Pvt. Ltd Company. Big hindrance for start-ups to raise funds as well as bank limits since banking history gets wiped off. CIBIL too tracks new entity and lenders consider new entity.
@RBI@PMOIndia@startupindia@MCA21India…ease of doing business..why does bank account need to change with change of status from LLP to a Pvt Ltd. co? Why does LLPIN/PAN number and GST have to change? So much for ease of doing business…
@monikahalan Do these draft guidelines reduce customers premium? Who does it help- top 3-insurers to shore their profitability? What about small players? Does this increase penetration? How?
@startupindia@NITIAayog@MCA21India@PMOIndia Ltd. to Pvt. Ltd. and Pvt Ltd. to Ltd. company PAN & GST does not change. Why for LLP’s conversion to Pvt. Ltd, it changes? hindrance for startups raising capital as they need to apply afresh. LLP can’t raise convertible debt. Why?
@PMOIndia@startupindia@NITIAayog@MCA21India LLP portal not working for last 2 months. Can’t upload revisions in LLp@agreement. Conversion to Pvt LTd u/s 366 stuck to get funding on CCPS from PE funds. Can’t happen in LLP. Holding funding.
@amitabhk87@PMOIndia@PMOIndia LLP can’t be converted to Pvt LTd. New PAN & GST required. Constraints for start-up funding as certain instruments can’t be issued.