Citizens' Issues
MCA services down, entrepreneurs can't register new company since past many days
The Ministry of Corporate Affairs' website developed and maintained by Infosys is again giving nightmares to stakeholders as many of its popular services, including registration of new company, are unavailable 
 
 
The Ministry of Corporate Affairs (MCA)'s new company registration webpage is down since 25 March 2016. This is in contrast with the Narendra Modi government promise to help entrepreneurs to register new company within three minutes with just a single form. Taking cognisance of the ire on Twitter, Nirmala Sitharaman, the Minister of State for Commerce and Industry, asked one Ravi Kalantri, who has been tweeting on the issue, to contact MCA Joint Secretary KVR Murthy.
 
Following the tweet from the Minister, the MCA page for company registration was displaying a message tendering apologies. However, there was no information about when the original webpage and thus the service would be restored. 
 
 
"Register a new company" is among the top five most frequently used services on the MCA website. However, besides this two other webpages, for "Change Company Information" and "Compliance/Approval Filing" are also down. The MCA website is mostly accessed and used by Chartered Accountants (CAs), lenders and shareholders. It contains data and financial details of all companies registered with the MCA. The initiative is designed to fully automate all processes related to enforcement and compliance of the legal requirements under the Companies Act.
 
Mr Kalantri from Ahmedabad has been tweeting about the issues since past several days. On 18th April he tweeted about not being able to register new company since past 20 days. Next day, he tweeted an image of MCA URL for new company registration that was not found. 
 
 
Mr Kalantri, in one of his tweet marked to Finance Minister Arun Jaitley, Ms Sitharaman, the Prime Minister's Office (PMO) and Prime Minister Narendra Modi, says, "This issue is not resolved from 25th March. Any accountability in MCA?"
 
Another entity, Weprofit.in with a Twitter handle of Dabang Trader tweeted that his company registration was late by three months as the portal of Registrar of Companies (ROC) was down. 
 
 
Responding to the tweets, Ms Sitharaman requested Mr Kalantri to contact MCA Joint Secretary KVR Murthy. It was after this tweet from the Minister the MCA registration page displayed an apology. 
 
 
The MCA portal is developed and maintained by none other than Infosys Ltd, one of India's top IT company. But then again, with Infosys, this is not time users have to face issues. Earlier, there was a hue and cry about MCA21 portal not functioning following takeover by Infosys from Tata Consultancy Services (TCS). (Read: MCA21 is down for a month after a handover of the management by TCS to Infosys. Why?
 
It was supposed to be a simple handover between two of India's best and most reputed IT companies. But the MCA21 portal was down for months. As Moneylife has reported several times in during February 2013 to September 2013m, the MCA21, the showpiece of e-Governance and corporate filing portal, which, for the first time had made all corporate filings available online, was found been sputtering. Later in September 2013, Infosys accepted that there were some problems with MCA21 due to updation of its intrusion prevention system (IPS) signatures. (Read: Infosys explains why MCA21 has issues)
 
While Ms Sitharaman, the Minister, has responded promptly to a tweet, it is to be seen when the services offered by MCA would be restored by Infosys. 

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COMMENTS

Nikhil Vadia

1 year ago

Even to my tweet Minister has responded but nothing is happening. MCA is one of the worst site.

Fresh claims on Bachchan in 'Panama Papers', equally fresh denial
New Delhi : Even as a fresh report on the "Panama Papers" alleged Amitabh Bachchan "participated" in board meetings of two off-shore companies "by telephone conference", the actor himself has said his name was "misused" and that nothing illegal has been attributed to him.
 
The Indian Express reported on Thursday that Sea Bulk Shipping and Tramp Shipping had passed a resolution each on December 12, 1994, in connection with a loan of $1.75 million from Dallah Albaraka Investment Company.
 
The loan was for Constellation Ship Management for the purchase of all the shares issued by Tramp Shipping and held by Sea Bulk Shipping. Besides Tramp and Sea Bulk, the paper had said Bachchan was managing director for two other offshore entities -- Lady Shipping and Treasure Shipping.
 
"Both resolutions recorded Bachchan’s participation in board meetings 'by telephone conference'. In their certificate of incumbency issued the same day, both companies also recorded Bachchan as director. The companies had the same directors, including Bachchan, and officers," it said.
 
In response, Bachchan's office sent a rejoinder, which was also posted on his twitter account.
 
"On Panama disclosures, I wish to state that queries continue to be sent to me by the media. I would humbly request them to kindly direct these to the GOI (Government of India) where I, as a law abiding citizen, have already sent, and shall continue to send, my responses," the post said.
 
"I stand by my earlier statement on the ‘misuse of my name’ in the matter and in any event the press reports do not disclose any illegal act committed by me."
 
The Indian Express, based on Mossack Fonseca records, said Umesh Sahai of Jersey-based corporate service provider City Management (now Minerva Trust) was one of the founder-directors of the four shipping companies and that he had appointed Bachchan as director and managing director in 1993.
 
"He (Sahai) also signed the board resolutions that recorded Bachchan’s participation in the December 12, 1994, meetings. Sahai did not respond to emails and phone calls seeking his comment on Bachchan’s statement denying any knowledge of the companies," the newspaper said.
 
Bachchan's name cropped up in the reports as part of a global expose of International Consortium of Investigative Journalists (ICIJ) and over 100 global media organisations, based on millions of leaked documents of the Panama law firm Mossak Fonseca.
 
A high-level probe team has been constituted, with members drawn from the various agencies of the finance ministry and the Reserve Bank of India (RBI) based on the orders issued by Prime Minister Narendra Modi. Indian authorities have already said not all off-shore funds need be illegitimate.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Maharashtra developer apologises to PM, CM for misusing their names
Pune : The Maple Group here on Thursday tendered its "sincere and deepest apologies" to Prime Minister Narendra Modi, Maharashtra Chief Minister Devendra Fadnavis and Pune Guardian Minister Girish Bapat for creating wrong perceptions through advertisements for cheap homes.
 
"We express sincere and deepest apologies for any harm/inconvenience, caused to them due to the wrong perception caused by the advertisement. If there are some inadvertent mistakes, we are willing to take necessary corrective action," group CMD Sachin Agarwal said in a statement.
 
Agarwal added that the company has started refunding the application money against receipts from their head office, the amount of Rs.1150 which earlier treated as non-refundable.
 
The group would also issue appropriate media advertisements and clarifications to reconfirm that its projects are self-developed but the benefits of the Credit Linked Subsidy Scheme, available to beneficiaries under the Prime Minister Awas Yojana (PMAY), can be available direct from financial institutions.
 
The development came four days after the PMAY and the Maharashtra government ordered a probe into the claims made by Maple Group offering one-bedroom-hall-kitchen (1BHK) for only Rs.500,000.
 
The ads carrying pictures of Modi, Fadnavis and Bapat conveyed an impression that it was a government-sponsored scheme under PMAY, though in a cleverly-worded disclaimer, the Group said "it's a Maple Shelters initiative aligned to the PMAY and not a government scheme".
 
The allotment of 10,000 flats at 14 locations in and around Pune - by a lottery system - was expected to take place on "Maharashtra Housing Day" on May 1. 
 
"Maple Group regrets the confusion caused regarding Maharashtra Housing Day, we will refund the application fees," Agarwal said, adding the company would fully cooperate with the authorities in their probe but remained passionate about providing affordable homes to the masses.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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