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    <title>1,38,051 new companies registered from April 2020 to February 2021</title>
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    <description>A significant number of new companies were incorporated while a cohort of companies were struck off under the Companies Act, 2013. Financial statements filed by companies are retained in the public registry for statutory compliance and inspection; the Ministry does not calculate aggregate financial ratios from filed statements and warns that filing delays and defaults make cross year ratio comparisons unreliable.</description>
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