hey ajay !nice to read this blog..I shall have to frequent here often !
my other blog is http://corporate-guru.blogspot.com/
At the recent Barcamppune-3 which was attended by a few friends. A bunch of lawyers explained to the techies and wannabe entrepreneurs that they shouldn't bother opening a private limited company in India but instead setup a company in Singapore or US. You have quite rightly pointed out that in an increasingly global economy regulators need to compete with other more efficient regulators.
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