Ministry of Corporate Affairs (MCA): A Brief Overview
The Ministry of Corporate Affairs (MCA) is the regulatory authority in India overseeing corporate entities’ operations, governance, and compliance. It administers company laws and regulations, ensuring transparency, accountability, and legal compliance in business operations.
Key Functions of MCA
Corporate Regulation:
Administers laws like the Companies Act, 2013 and Limited Liability Partnership (LLP) Act, 2008 to regulate company formation, governance, and dissolution.Compliance Monitoring:
Ensures companies file statutory returns and adhere to financial reporting standards.Investor Protection:
Promotes fair practices and safeguards the interests of shareholders and investors.Digital Corporate Services:
Manages the MCA21 portal, an online platform for company registration, compliance filings, and accessing public records.Corporate Governance:
Develops frameworks to promote ethical practices and corporate accountability.Insolvency and Bankruptcy Resolution:
Supervises the implementation of the Insolvency and Bankruptcy Code (IBC), 2016 for resolving financial distress in companies.
Services Offered by MCA
Company Registration:
Online incorporation of private, public, one-person, and LLP entities.Annual Compliance Filings:
Filing annual returns, financial statements, and disclosures through forms like AOC-4, MGT-7, and others.Director-Related Services:
- Issuance of Director Identification Number (DIN).
- Filing of KYC forms for directors.
LLP Services:
- LLP incorporation.
- Filing of annual returns (Form 8 and Form 11).
Striking Off & Revival of Companies:
Filing for company closure under Fast Track Exit (FTE) or revival petitions.Charges and Mortgages:
Registration, modification, or satisfaction of charges on company assets.Public Access to Records:
Access company data, filings, and details through the MCA21 portal.
Common MCA Filings
| Form | Purpose | Due Date |
|---|---|---|
| SPICe+ | Incorporation of a company | At the time of company formation |
| DIR-3 KYC | Director KYC compliance | By September 30 every year |
| AOC-4 | Filing financial statements | Within 30 days of AGM |
| MGT-7 | Filing annual return | Within 60 days of AGM |
| INC-22A | Company address verification (Active) | As per MCA notifications |
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Whether it’s incorporation, compliance, or dispute resolution, we provide comprehensive services.Transparent Pricing:
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