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<h1>Industrial Entrepreneurs Memorandum acknowledgement is statistical only; it does not constitute approval and compliance remains entrepreneur's responsibility.</h1> Filing an Industrial Entrepreneurs Memorandum (IEM) is a procedural requirement producing an on the spot acknowledgement issued solely for statistical purposes and limited post facto checking; the acknowledgement is not a clearance or approval to undertake the activity. Entrepreneurs remain responsible for ensuring compliance with all applicable statutes, regulations, notifications, directions and court or authority orders, and may seek clarification from the Secretariat of Industrial Assistance.