Overview
- The finance and corporate affairs minister reviewed the functioning of Registrars of Companies and Regional Directorates and emphasized making governance easy, transparent and facilitative.
- She directed the Ministry of Corporate Affairs to build a live dashboard to give stakeholders real-time visibility into key updates across the corporate affairs ecosystem.
- Discussions covered centralised processing for incorporation and voluntary exits of companies and LLPs, fast-track mergers, harmonisation of forms, and a range of adjudication and enforcement procedures.
- Officials were urged to improve how legal requirements are communicated to companies and to hold regular in-house discussions to advance ease of doing business.
- Corporate Affairs Secretary Deepti Gaur Mukerjee said enforcement manuals have been standardised and further process and rule simplification is underway, as Minister of State Harsh Malhotra underscored the motto of maximum governance, minimum government.