Corporate exits now happening in 70-90 days under C-PACE, says govt in LS

Quick Summary:

C-PACE was launched to facilitate the ‘ease of doing business’ by eliminating the need for physical interactions with stakeholders.

Earlier, STK forms, which deal with the removal of companies, were handled by state registrars of companies.

Minister of State for Corporate Affairs Harsh Malhotra provided this information in response to a Lok Sabha question.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Voluntary winding up Ministry of Corporate Affairs STK forms Registered companies in India Ease of doing business Registrar of companies Active companies Lok Sabha C-PACE MCA Limited Liability Partnership Act 2008 LLPs Harsh Malhotra Companies Act 2013 Corporate exit Company defaults

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 16:51:49 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 350 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23905035

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 296 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions