Question

The Ministry of Corporate Affairs (MCA) has accelerated the corporate exit process from 180 days to ______ days in the current financial year through its Centre for Processing Accelerated Corporate Exit (C-PACE).

A 160 Correct Answer Incorrect Answer
B 140 Correct Answer Incorrect Answer
C 100 Correct Answer Incorrect Answer
D 80 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

  The Ministry of Corporate Affairs (MCA) has expedited the corporate exit process from 180 days to 100 days in the current financial year through its Centre for Processing Accelerated Corporate Exit (C-PACE).  This initiative aims to alleviate cumbersome compliance and eliminate obsolete laws.

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