In , the MCA then known as the Ministry of Company Affairs decided that something must be done about companies operating in India—in a way to service them, regulate them and so on. System integrators, usually Indian IT firms, often pay a licence fee to use the platforms of IBM or SAP, on which they write a new line of code to customize it for a particular project. Fourteen years and counting into the 21st century vision of the MCA, it will be fair to say that the portal sucks. The project supports establishment of a healthy business eco-system and aspires for a judicious blend of facilitation and compliance. How H-Energy tackled emerging threats with an agile, scalable security solution.
Today, almost 6 lakh companies in the country make their filings online. Your session has expired, please login again. During the peak season Oct-Dec , the situation used to become unmanageable. All the paperwork is done but Stakeholders may take note and refer instruction kit for more details. With more than 8 Lakhs registered entities, the MCA has over 60 million pages of corporate information in its database.
It has ushered in global best practices that are based on experiences drawn from Australia, Canada, New Zealand, the United Kingdom and Singapore.
All of which brings us to a simple question—where did Infosys bungle?
An IT-driven and forward-looking project. All the paperwork is done but Apart from that, building the computing infrastructure, setting up 52 facilitation centres, designing the application software and setting up secure electronic payment ma21, were part of the list.
It appears that the service provider Infosys is the culprit”. And what in the world do the numbers 2 and 1 stand for?
New to MCA?
L0 support involves automated services to users without any customer support. This site is your gateway to all services, guidance, and other corporate affairs related information. Procedures relating to sorting, storage and retrieval of paper-based records were cumbersome and time-consuming.
On September 16,the day when mandatory e-filing took effect, Minister of State for Corporate Affairs Prem Chand Gupta, commented “September 16, heralds the dawn of a new era for all those involved in the process of statutory filings under The Companies Act, Companies Incorporation Amendment Rules, In fact, this has become such a popular feature thatpeople have availed the facility, and some have built a business around downloading, stucy and selling some documents, Malik says.
Minister terms MCA21 program a dawn of new era: We are working with the ministry to ensure that the system performs to its optimal level.
What is the meaning of MCA21? Only declaration by first subscriber s and director s in INC-9 nca21 mandatory and affidavit is NOT required to be filed. Stakeholders may take note and refer instruction kit for more details. Despite MCA’s significant progress, companies need to submit documents requiring stamp duty to file scanned versions as also the physical ones.
The new project was dubbed MCA21 v2, or version 2. Includes information on MCA’s main functions and other details about the Ministry. Atudy governance is, by no means, an easy task, and probably many times more difficult with a system based on millions and millions of paper documents.
How MCA Digitised Corporate Governance |
The project supports establishment of a healthy business eco-system and aspires for a judicious blend of facilitation and compliance. Visit these pages to know key MCA contacts and how to reach them. These and other features of the new electronic system have raised the standards of corporate governance, and set the stage for better compliance and enforcement, says Y. The e-government plan covers all major transactions, barring those concerning liquidation of companies.
In all, the branches of 5 major banks across the country have been authorized to accept payment of statutory fees in off-line mode, while online payments can be made through credit card and internet banking with the help of a secure payment gateway.
Ministry Of Corporate Affairs – Government of India
The RFOs will help stakeholders during the period of transition from manual mode of document filing to an electronic filing system. Breadcrumb Home Case study How mca 21 digitised corporate governance. Vineet Chaudhary, a practising company secretary in New Delhi, says that a lot of corporate decisions have been put on hold. Most of the forms then in use were not designed to capture all essential information. Stakeholders are advised to check the latest version before filing Notification regarding Companies Acceptance of Deposits Second Amendment Rules, dated System integrators, usually Indian IT firms, often pay a licence fee to use the platforms of IBM or SAP, on which they write a new line of code to customize it for a particular project.
L1 support helps users when they cannot address basic problems such as password reset. Ltd was outsourced infrastructure maintenance work by Infosys when it started work on MCA21 project. Dimension Data India Pvt.