Sunday 3 February 2013

MCA Website not working

MCA has kept entire corporate on hold. New companies are not incorporating and existing companies can’t file their returns due. On 17 January 2013, MCA changed its drivers of site. Earlier TCS use to manage MCA21, not batten has been passed to Infosys. The site is under transitional stage and hence some problems are bound to occur. We don’t blame MCA for it, because MCA21 has drastically improved filling and compliance in India. It’s a e-governance project, which the government can definitely boast of.
My concern is different. MCA has not given any clarifications waiver of additional fees, whose due date falls between this period. They have extended time limit for filling 23AC/ACA and Cost Compliance Report in xbrl mode. But they have not done the same in case of other forms.
Let us say, if I have changed my registered office on 24 December 2012, I have to file Form 18 latest by 23 January 2013. However, site is non-functional during this time period. Let us assume that site become operational today i.e. 2 February 2013. If I try to upload that form, MCA will demand additional fees.
This is injustice for all corporate. They have been charged additional fees without their fault. MCA should come out with solution to this problem. They must relax due dates of forms which falls due during this transits period. Due date shall be extended to 15 February 2013 or any other reasonable duration for all forms.
MCA shall work out this solution at the earliest in the best interest of stakeholders.

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