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Government looking to bring stricter regulations for startups

Shortpedia

Content Team
Image Credit: business today

The Centre is looking to bring stricter regulations for startups amid multiple instances of corporate governance lapses at these businesses. According to an IANS report, the Company Law Committee (CLC), a panel under the Ministry of Corporate Affairs (MCA) and headed by the corporate affairs secretary, is exploring the possibility of formulating regulatory measures for startups.