Entities having a scaleable business model, which has a ‘high’ potential of employment generation or wealth creation, can now be eligible for recognition as a start-up. Earlier, only if the activities of an entity were innovative and driven by technology or intellectual property could…
Tag: Sharda Balaji
New exit norms will help failed start-ups
Mumbai: Companies will find it easier to shut shop by getting their names removed from the corporate register. As not all startups take off, the new provisions are expected to help entrepreneurs. Once this quick process is carried out, inoperative companies do not have to go through the tedious a…