Chartered Accountants and Company Secretaries of India are partners in crime

New start-ups in India couldn’t actually “start” until they get certified by Company Secretary of India. Later the start-ups being “new” would need a Chartered Accountant for filing taxes in each quarter of the year. And for every amendments or changes in the articles of association, the new start-ups would need services of Company Secretary of India and eventually get caught up in the vicious circle of paying the two holes who have no contribution to the growth of the “new start-up”. CA / CS in India charge depending on their “clients” and consequently partners in crime for evading charges and taxes of India. Unfortunately the rigid system of filing a complaint against them have proven a “big” protection for years

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