Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Centre for Processing Accelerated Corporate Exit (C-PACE) established for providing hassle-free filing, timely and process-bound striking off companies from MCA Register

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Centre for Processing Accelerated Corporate Exit (C-PACE) established for providing hassle-free filing, timely and process-bound striking off companies from MCA Register - News and Press Release Dated:- 13-5-2023 - News - The Ministry of Corporate Affairs (MCA) has moved a step forward by centralising the strike off process of companies with the establishment of the Centre for Processing Accele .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rated Corporate Exit (C-PACE) . The establishment of the C-PACE will help to reduce the stress on the Registry along with keeping the registry clean besides availability of more meaningful data to the stakeholders. The C-PACE will also benefit the stakeholders by providing a hassle-free filing, timely and process-bound striking off their company s names from the Register. The setting up of the C .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... -PACE I part of the several measures taken by MCA in the recent past towards Ease of Doing Business and ease of exit for the Companies. The C-PACE institution, established under sub-section (1) of section 396 , shall be in operation through the Registrar of Companies (RoC) for the purposes of exercising functional jurisdiction of processing and disposal of applications. The Office of C-PACE .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... was inaugurated on 1 st May 2023 by Shri R.K. Dalmia, Director, Inspection Investigation, MCA. Shri Harihara Sahoo, ICLS, has been appointed as first Registrar of the office of C-PACE. The C-PACE office will work under the supervision/administration of Director General of Corporate Affairs. (DGCoA), New Delhi. ABOUT C-PACE C-PACE was established vide MCA Notification No. S.O. 1 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 269(E) dated 17 th March 2023 which shall be situated at Indian Institute of Corporate Affairs (IICA), 7 th Floor, Plot No. 6,7,8, Sector 5, IMT Manesar, District Gurgaon (Haryana), Pin Code 122050 Subsequently vide notification No.G.S.R. 298(E) dated 17 th April 2023 , Ministry amended the companies (Removal of Names of Companies from the Register of Companies) Rules, 2023 which has com .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e in effect from 1 st May, 2023. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates