MCA to launch Central Processing Centre for all compliances, similar to company incorporation and company closure.

this is a significant development in Company Law- from the perspective of registration services, compliance, compliance monitoring.. and also from the perspective of certification of eforms.

I hope there is some standard process & timeline in approving the e-forms. In any case, there will be practical issues where there are connected or inter-linked compliances. Instead of only central processing centre, it should have been atleast at the regional level (to start with).

As per Business Standard article – “This is aimed to free up capacity at the offices of Regional Directors and Registrar of Companies to deal with enforcement matters, official sources said. With CPC, the ministry will have launched the fourth centre to focus on specific areas of filing non-straight through process or non-STP forms.”

Business Standard article: https://www.business-standard.com/amp/india-news/ministry-of-corporate-affairs-to-launch-its-central-processing-centre-soon-123102700901_1.html