How have MCA-21 glitches impacted businesses in India, and what steps is the government taking to address it

Government to consult practitioners on MCA-21 glitches
The MCA-21 is an online portal that enables businesses in India to file their statutory documents with the Ministry of Corporate Affairs (MCA). However, the portal has been plagued by technical glitches in recent years, which have impacted businesses in various ways. Here are some of the impacts:
  • Delayed filings and approvals: Glitches in MCA-21 have caused delays in filing statutory documents and obtaining approvals from the MCA. This has affected the compliance status of many businesses and led to penalties and fines.
  • System downtime: Users have reported instances of MCA-21 being inaccessible or slow, preventing them from filing documents and conducting other transactions.
  • Increased workload for professionals: Due to the glitches, professionals such as chartered accountants and company secretaries have had to spend more time on compliance activities, which has increased their workload and costs.
To address these issues, the government has taken several steps, including:
  • Consulting with practitioners: The government has formed a committee of professionals to study the MCA-21 glitches and suggest solutions. The committee will consult with stakeholders and practitioners to understand the issues and recommend changes.
  • Improving infrastructure: The government has launched a project called MCA-21 V3, which aims to upgrade the portal's infrastructure and make it more user-friendly. The project will involve the development of new features and the integration of various systems.
  • Providing support: The MCA has set up a helpdesk to assist users with any queries or issues they may encounter while using MCA-21.
Overall, while MCA-21 glitches have caused inconvenience to businesses, the government's efforts to address these issues are a positive step towards creating a more efficient and user-friendly portal for businesses in India.
Answered a year ago
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