ARTICLE · 02 OCTOBER 2025

Reshaping Professional Services: MCA Issues Consultation On Multi-Disciplinary Partnerships

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The Ministry of Corporate Affairs (MCA) on 17 September 2025 launched a public consultation on the proposed establishment of Multi-Disciplinary Partnership (MDP) firms in India.

IndiaCorporate/Commercial Law

Introduction

The Ministry of Corporate Affairs (MCA) on 17 September 2025 launched a public consultation on the proposed establishment of Multi-Disciplinary Partnership (MDP) firms in India. An MDP is a professional services structure that allows practitioners from different disciplines, such as law, accounting, consulting, and advisory services to collaborate under a single firm while maintaining their professional independence. This initiative aims to address structural barriers that limit the growth of domestic firms and to provide a regulatory framework that enables them to compete effectively with large international networks. Stakeholders are invited to provide their comments and suggestions by 30 September 2025, either through the MCA's e-Consultation Module or via email.

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