Govt sets up Centre for Processing Accelerated Corporate Exit

Posted on:
Key Points

"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 hassle-free filing, timely and process-bound striking off their company's names from the register," the corporate affairs ministry said in a release.IANSRepresentative.

The government on Saturday said it has set up the Centre for Processing Accelerated Corporate Exit (C-PACE) to ensure timely and process-bound deregistering of companies from records as well as provide more meaningful data to the stakeholders..

Full story at Economic Times | 

You might be interested in

C-PACE to simplify removal of company names from register: MCA

13, May, 23

The ministry of corporate affairs (MCA) has set up the Centre for Processing Accelerated Corporate Exit (C-PACE) that is expected to provide timely and process-bound striking-off of companies from the MCA register.

Read at Financialexpress Key Points