Ease of doing business in India is changing to Ease of closing business. Due to heavy penalties being imposed on non-filing of forms in time many companies/LLP are enquiring about striking off. Is this the vision for Co/LLP?
@PMOIndia@nsitharamanoffc@ashishgargcs#Extend_CFSS
#MCA not working properly, #RBI Flair not working smoothly.. The way dependency on these websites have increased, it feels like we are stuck with no where to go when these websites stop responding.
Worst part - many times client feels, we are just making an excuse.
Is there anything that could be worst than this?
We have both counsellor and mla from @BJP4India
There's no chance for us to move around and incase of medical emergency we should probably let the patient suffer
The condition doesn't seem to improve over the months
Some good news for #LLP
Reduced Additional Fees are proposed.
MCA initiates process of De-criminalisation of compoundable offences under Limited Liability Act, 2008
https://t.co/eARjBvVT7N
Today's extension was to cover the inefficiency of the website. It doesn't make any difference if they give or not, as the penalty was Rs. 100 per day counting from tomorrow. What actually matters is extension of LLP's and OPC's who has to pay huge penalties.
#Extend_CFSS
@nishhacharan@dilip241@suchetadalal@FinMinIndia You can't blame anyone. When the due date is given, it is their wish to file whenever they want. Considering the panedemic there are multiple problems already people are facing. Why is MCA website so inefficient? They cannot maintain a website and expect the Co/LLP to file timely
Usually it's Oct Diwali time and we could never celebrate festival as Govt give extension only on last day...this year need to be awake today and tomorrow for uploading the forms as system cannot take the load.
Some start-up to solve problem 2 be blessed by all professionals.