20 October 2015
Keeping in tune with the e-Governance initiatives the world over, Ministry of Company Affairs (MCA), Government of India, has initiated the MCA21 project, which enables an easy and secure access to MCA services in a manner that best suits the corporate entities and professionals besides the public. MCA21 is intended to achieve all the objectives of a versatile e-Governance project. The project has been named MCA21 as it aims at repositioning MCA as an organisation capable of fulfilling the aspirations of its stakeholders in the 21st century. Rather than compelling the business community to physically travel to MCA offices, MCA services are available at the place of their choice, be it their homes or offices.
20 October 2015
MCA21 project is designed to fully automate all processes related to the proactive enforcement and compliance of the legal requirements under the Companies Act, 1956. This will help the business community to meet their statutory obligations. The major components involved in this comprehensive e-Governance project are Front Office and Back Office. From the customer perspective, the Front Office operations assume significance, which would be administered through the Front Office portal. The entire Back Office operations of the MCA would be automated so as to achieve the objective of a user-friendly computerized environment. MCA portal is the single point of contact for all MCA related services, which can be easily accessed over the Internet by all users.
The project also envisages a cost-effective integrated software solution for computerizing various in-house functions like Human Resources Management, Payroll, Accounting and Finance for internal users (employees) of MCA.
Adopting international best practices, MCA21 application adds immense value to the stakeholders. The following points highlight the project’s invaluable importance:
§ Enable the business community to register a company and file statutory documents quickly and easily.
§ Public will get easy access to relevant records and get their grievances redressed effectively.
§ Professionals will be able to offer efficient services to their client companies.
§ Financial institutions will find registration and verification of charges easy.
§ MCA will ensure proactive and effective compliance with relevant laws and corporate governance.
§ Employees will be enabled to deliver best of breed services.
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