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TMI BlogCentre for Processing Accelerated Corporate Exit (C-PACE) established for providing hassle-free filing, timely and process-bound striking off companies from MCA RegisterX X X X Extracts X X X X 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 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 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 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 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 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 X X X X Extracts X X X X
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