The Ministry of Corporate Affairs has operationalised the Centre for Processing Accelerated Corporate Exit (C-PACE) to fast-track voluntary strike-off of companies and LLPs, reducing processing time from over 2 years to under 2 months, with uniform PAN-India treatment, real-time tracking, and complete online communication. For LLPs, Rule 37(1) of the LLP Rules was amended to enable filing of e-Form 24 for strike-off through ROC, streamlining their voluntary closure. Between May 2023 and July 2025, 38,658 companies and 8,368 LLPs have exited using this system.

 Key steps taken by MCA for ease of doing business:

• MCA21 V3 portal: 79 forms enabled under STP/conditional STP for faster electronic approvals.
• Central Processing Centre (CPC): Established in Feb 2024 for centralised handling of non-STP forms.
• E-Adjudication module: Introduced in Sept 2024 for end-to-end online adjudication with e-hearings.
• SPICe+ & AGILE PRO-S / FiLLiP: Integrated incorporation forms offering multiple services in one application.
• Zero cost compliance: No fee for incorporation up to ₹15 lakh authorised capital; no cost for shifting registered office.
• Small company/LLP relief: Thresholds enhanced; lower compliance and reduced fee introduced.
• Mergers simplified: Fast-track mergers extended to start-ups, small companies, and certain foreign holding-subsidiary mergers.
• Corporate flexibility: AGMs/EGMs allowed via Video Conference; international listing permitted at GIFT IFSC.
• Decriminalisation: 63 offences shifted from criminal to adjudication route to reduce litigation burden.
• Digital ease: Linked forms, mobile app, auto-validation, and field optimisation to streamline compliance.

These measures collectively enhance transparency, reduce timelines, and lower compliance costs for corporates and start-ups across India.