LatestCompany Registration 22 July 2026
Company Strike Off Reaches 92800
The Companies Compliance Scheme has crossed 92800 beneficiaries, with the government extending the filing window to help remove inactive entities from the register. The Ministry of Corporate Affairs has introduced efficient business exit mechanisms, including simplified dormancy and strike-off procedures, to facilitate the removal of inactive companies.
The Companies Compliance Scheme has seen significant participation, with over 92800 beneficiaries. The scheme aims to *simplify* the process of removing inactive entities from the register. Key features include:
- *Simplified dormancy* mechanisms to help companies transition out of business
- *Strike-off* procedures to remove inactive entities from the register
The Ministry of Corporate Affairs has introduced these measures to promote *efficient business exit* and reduce the burden on the registry.
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