New Delhi, Dec. 3 -- The unique legal status of Sikkim in corporate affairs was recently highlighted in the Rajya Sabha, where the Union government categorically stated that the Companies Act, 2013, does not extend to the state.

The clarification was provided by Minister of State for Corporate Affairs Harsh Malhotra in response to an unstarred question raised by Sikkim's Rajya Sabha MP, D.T. Lepcha.

The MP's Concerns: Stakeholder Challenges

MP D.T. Lepcha questioned the Ministry about the persistent difficulties faced by Sikkim-based corporate stakeholders, including start-ups, MSMEs, and other entities. He specifically sought information on the challenges related to:

Company registration. Filing statutory returns. Compliance procedur...