MCA Requests Views on Multi-Disciplinary Partnership Firms: A New Era for Professional Services in India

The Ministry of Corporate Affairs (MCA) has recently invited stakeholder feedback on permitting Multi-Disciplinary Partnership (MDP) firms in India. The consultation process, up to 30 September 2025, can bring about a revolutionary shift in professional services by making it possible for professionals from different disciplines to practice under one roof.   Now, India's regulatory environment requires chartered accountancy, company secretarial practice, law, and actuarial sciences to operate...