The Ministry of Corporate Affairs has
taken the initiative in Government Process Re-engineering (GPR) and launched
the Central Registration Centre (CRC), on the occasion of Republic Day 2016,
with the specific objective of providing speedy incorporation related services
within stipulated time frames which are in line with international best
The GPR involves a three pronged
approach of further automating some of the approval processes by utilizing
advanced software tools & engines, rationalising and modifying some of the
rules and engaging professionals to expedite the process of manual scrutiny.
In the first phase, the CRC will process
applications for name availability (INC-1 e-forms) submitted on line across the
country and endeavour to process these by the end of next working day.
Operations of the CRC will formally commence w.e.f. 27 January 2016 and more
services will be rolled out progressively.
The GPR exercise is in pursuance of the
ministry’s objective of providing greater “Ease of Doing Business” to
corporates and is expected to result in speedier processing of incorporation
related applications, uniformity in application of rules, eradicating
discretion. It will also be supplemented by intensive monitoring aimed at providing