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    <title>Centre for Processing Accelerated Corporate Exit (C-PACE) established for providing hassle-free filing, timely and process-bound striking off companies from MCA Register</title>
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    <description>The Ministry of Corporate Affairs established the Centre for Processing Accelerated Corporate Exit (C-PACE) under section 396(1) to centralise and expedite removal of company names from the register, operating through Registrars of Companies under the Director General of Corporate Affairs to process and dispose of strike-off applications in a timely, process-bound manner.</description>
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