Exemption u/s 54gb

It is very well centrally monitored and regularized, while through single MSME registration it was not possible.

i agree on centrally monitored and regularized but on one hand govt want to make policy and system with least govt interference and by making a committee which only meet occasionally and in past 4 years have provided certification to less then 100 startup.
it kind of defeat the purpose, most of them fail the criteria and or committee is not pleased enough, or frankly speaking not in the mood ( as told by one unsuccessful startup who at this point doing good ) mostly tech startup don't  provide blue collar jobs which we all agree the need of the hour as govt can't farm loan waver for ever people from the rural side have to be mobilize to manufacturing center and given the technology of automation we have very little time.

sir as per rule registered company need to be created or created a year before transfer and equity share are to be allocated given the recent drastic and positive changes by MCA where compliance is stringent its not that hard to track them.

looking forward for you guidance 

thanks 

tc