"CS Arjun Soni is a Practicing Company Secretary and Partner at an LLP firm specializing in Company Law, FEMA, and Demat compliances. He regularly advises startups on corporate structuring and regulatory matters."
Excessive compliance under the Companies Act and SEBI regulations is creating an over-governance paradox in India. This burden slows decision-making, raises costs, and often replaces ethical oversight with mandatory box-ticking.
The Companies Act, 2013 increased the corporate compliance burden by introducing numerous new forms and strict deadlines, leading to “filing fatigue.” Frequent portal errors and high late fees for minor defaults now characterize the business environment.
