<h1>India Streamlines Business Compliance: Decriminalizes 63 Offences, Expedites Company Exits, and Simplifies Incorporations.</h1> The Ministry of Corporate Affairs has implemented measures to enhance business operations and compliance ease, including decriminalizing 63 offences under the Companies and LLP Acts to reduce litigation. The Centre for Processing Accelerated Corporate Exit (C-PACE) was established to expedite company strike-offs, processing 13,560 companies in FY 2023-24 and 11,855 in FY 2024-25. LLP strike-offs were centralized, with 3,264 LLPs processed. Other initiatives include converting forms to a Straight Through Process, introducing e-Forms for company incorporation, amending the definition of small companies, and allowing zero fees for certain incorporations and office relocations.