The Ministry of Corporate Affairs (MCA) has made it obligatory for companies incorporated before December 2017 to file a new form to disclose their particulars, including a fully functional registered office. Analysts said the new rule (25A) will not only strengthen corporate governance, but will also help weed out shell companies.

Sandeep Jhunjhunwala, Director shares his views on aforementioned story for Financial Express.

Govt formulates new rules to weed out firms