Background:
Chapter XXIV (Section 396-404) of the Companies Act, 2013 (CA 2013) deals with the provisions related
to registration offices and fees. Section 396 of Companies Act 2013 provides for registration offices. For the purpose of exercising powers and discharging functions as are conferred on the Central Government by or under this act or under the rules made thereunder and for the purpose of registration of the companies under this act, the Central Government shall, by notification, establish such number of offices at such places as it thinks fit, specifying their jurisdiction.
Key Point:
Applicability:
• This notification shall come into force from the 6th February, 2024.
SW Point of View: The establishment of the Central Processing Centre at Manesar marks a progressive step by the MCA to modernize and simplify the company registration process in India. This initiative aligns with the government’s broader agenda of fostering ease of doing business, promoting transparency, and leveraging technology for the benefit of businesses and stakeholders. Companies are encouraged to familiarize themselves with these changes and leverage the streamlined processes for a more efficient regulatory compliance experience. |