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Company incorporations grow 20% year-on-year during April-December 2020: MCA


Company incorporations grow 20% year-on-year during April-December 2020: MCA
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Data from the ministry of corporate affairs (MCA) showed that 1.13 lakh companies were incorporated during the first nine months of the ongoing fiscal compared to 93,758 incorporations till December in FY20. The reason behind the sharp growth was the progression of smaller firms and LLPs towards forming companies as growth picked up along with improved facilitation through digital services, a senior government official said.
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The pickup began as the unlock phase commenced with incorporations jumping to 10,954 in June 2020 from 4,835 a month earlier.
In a sure sign of a revival in business sentiment, company incorporations grew by 20% in the April-December period of FY21 compared to the corresponding period last year. ....

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CLASS ACTION UPDATE for YY, BRY and NERV: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / January 13, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. ....

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