Introduced two years ago, India’s largest e-governance project, and the second biggest of its kind in the world, the MCA-21, which enables e-filing of corporate information with the Ministry of Corporate Affairs, is set to be revamped shortly.
The ministry is now looking to launch the second generation of e-filing process, and has tied up with TCS for the same.
Once the revamped system is in place, companies would find it still simpler and convenient to file corporate information with the ministry while public and professionals would get easy access to relevant records and effective grievances redressal.
The move will also help in effective compliance of relevant laws and improve corporate governance, according to the Institute of Company Secretaries. [Via]
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