Subject: File No. S7-06-13
From: Bijal K Mehta
Affiliation: Engineer

August 26, 2013

Please, please, please do not put such obstacles in the path of startups who are already facing difficulties trying to get off the ground.

We should be helping to clear the way instead. Fund raising inherently is not an easy activity and to add statutory requirements prior to having raised funds is counter-intuitive and discouraging.

--
Bijal Mehta
Serial Entrepreneur