CENTRE FOR PROCESSING ACCELERATED CORPORATE EXIT (C-PACE) ESTABLISHED FOR PROVIDING HASSLE-FREE FILING, TIMELY AND PROCESS-BOUND STRIKING OFF COMPANIES FROM MCA REGISTER, dated 13.05.2023.

The MCA vide Notification No. S.O. 1269(E) dated March 17, 2023 established the Centre for Processing Accelerated Corporate Exit (C-PACE) to facilitate the quick, transparent and process-bound exit of companies. With the establishment of C-PACE, the striking-off...

Liability of Company under MSMED Act

MSMEs (Micro Small and Medium Enterprises) contribute towards the success of the entire economy. Their Annual contribution is close to 35% to India’s GDP, therefore the government always tries to incentivize them. Regulating the Credit Period is an important...

7 Advantages for forming an LLP

There are several reasons why many entrepreneurs prefer to go in for a Limited Liability Partnership (LLP) registration over a Private Limited Company incorporation. LLPs are easier to set up and comparatively hassle-free in daily operations. It also has a lower...