28 March 2022
MCA: Schedule III requirement- Reporting of Struck Off Companies || List of Struck Off Companies
On March 24, 2021, MCA introduced disclosure requirements regarding financial statements of companies which are effective from April 1, 2021. Details to be disclosed in such case are :
Name of the struck off company, Nature of transactions with company, Balance outstanding and Relationship with the struck off the company. The transaction can be in the
nature of investment in securities, receivables, payables, shareholding of the struck-off company in the company and any other outstanding balances. Now Lets Talk About Solution :
How the Problem Can be resolved by Finanvo.in?
A complete List of Struck off Companies with Complete Master Data of Company in CSV / Excel Format Mapping Company Name / PAN / GSTIN to CIN Number of Company Where List of Company Name is provided by the client and the deliverable is CIN Number against Company Name or PAN Number or GST Number. The whole process is completed in quick manner through AI + ML for Mapping CIN Number. CIN to Company Status Verification (whether Active / Strike Off / Amalgamated / Liquidated etc.) Where List of CIN is provided by the client We offer the Master Data of the company on regular Basis to track their status From MCA. Modes of Deliveries : Excel / CSV / JSON / APIs For more details you may connect at +91-9033024545
11 July 2024
It seems like Finanvo.in is offering a solution to address the reporting requirements introduced by the Ministry of Corporate Affairs (MCA) regarding struck off companies. Here’s how their solution aims to resolve the problem:
1. **List of Struck off Companies with Complete Master Data**: Finanvo.in provides a comprehensive list of struck off companies in CSV/Excel format. This list includes detailed master data of each company that has been struck off.
2. **Mapping Company Name / PAN / GSTIN to CIN Number**: They offer a service to map Company Name, PAN Number, or GST Number to the Corporate Identity Number (CIN) of the company. This mapping helps in identifying the exact CIN related to specific entities provided by the client.
3. **Verification of Company Status**: Finanvo.in verifies the status of each company using its CIN, checking whether it is Active, Strike Off, Amalgamated, Liquidated, or another status. This verification is crucial for compliance and reporting purposes.
4. **Delivery Modes**: They provide flexibility in how the data is delivered, offering formats such as Excel, CSV, JSON, and APIs. This allows clients to integrate the data into their systems seamlessly.
By leveraging AI and ML technologies, Finanvo.in claims to expedite the process of mapping CINs and verifying company statuses, ensuring efficient compliance with the MCA’s reporting requirements regarding struck off companies.
For those needing to comply with MCA regulations or requiring accurate and up-to-date information on struck off companies, Finanvo.in appears to offer a streamlined solution that combines technology with comprehensive data management.
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