∆ Mobile app for Corporate Filings, pre-filled compliance forms and reduction in compliances, the MCA is proposing a complete revamp of the compliance system with Version 3.0.
∆ Key features as follows:
✓ It would alert companies of any errors in filings.
✓ It will profile a company and assess its risk of defaulting.
✓ MCA will reduce number of forms substantially from October.
✓ E-consultation and E-books will be launched in MCA in May.
✓ All form will be pre-filled web-based forms and Mobile app will be rolled out by October.
✓ Enforcement module and compliance management system come online in October.
✓ Only limited forms like filling of the Balance sheet and Profit and Loss figures will have to be manually filled in.
✓ All other forms on the portal being converted into pre-filled web forms from the current PDF versions.
✓ All the above will bring down the time and resources spent by CS on compliance.
✓ MCA is keen to shift to a more trust-based regime by doing away with attachments of various reports for verification, albeit with adequate checks.
✓ Mobile app would come with features like e-consultation allowing users to provide feedback on draft bills directly online.
✓ E-book for instant reference and sharing of all Acts and rules relating to company affairs.
✓ Complete Access to the registry of Master Data.
✓ Front-facing features of the website would be incorporated in the app, but these would include only simpler forms since placing digital signature certificates via mobile would be difficult.
Courtesy: Business Media (Economic Times)
No comments:
Post a Comment