Officials from the ministry of corporate affairs and Infosys have called a roundtable meeting with CAs, CSs and cost accountants to understand the performance issues with MCA21—the e-filing portal of the ministry
The ministry of corporate affairs (MCA) has organised a meeting in Mumbai with chartered accountants (CAs), company secretaries (CSs) and cost accountants to understand performance issues with its MCA21 portal. The interactive meeting would take place on 6 May 2013 at 2.30pm at the Indian Merchants Chamber (IMC).
As Moneylife has pointed out earlier, MCA21, the e-filing portal of the MCA, has remained unstable after the management of the website was taken over by Infosys from Tata Consultancy Services (TCS) (Read Why can’t Infosys get MCA21, the e-filing system working?)
In order to receive genuine and frank feedback, the MCA through local councils and chapters of CAs, CSs and cost accountants has organised the interactive meeting.
Amardeep Singh Bhatia, joint secretary of the MCA as well as senior officials from the Mumbai region and Infosys would be present at the meeting. After brief remarks by the MCA and Infosys officials, there would be a round table discussion.
All those responsible for constructing illegal buildings often get away scot-free and the end user has to pay the price. If at all the government is keen on demolishing illegal buildings, why not start with unsafe buildings first instead of bringing down sound structures, asks Ramesh Prabhu
Hapless settlers evicted with nowhere else to go, living in illegal buildings, thanks to builders who flouted the laws, may become the norm across the Mumbai Metropolitan Region. The residents of the 35 illegal floors at the Campa Cola Compound, situated in upscale Worli in central Mumbai, are a case in point. The Supreme Court on Thursday gave a temporary reprieve to these families and gave them five months to vacate their flats.
However, this would well be the fate of residents of over 40% buildings in Mumbai, who do not have the mandatory occupation certificate (OC) from the BrihanMumbai Municipal Corporation (BMC). “It is reckoned that at least 6,000 buildings across Mumbai are paying double money for municipal water, which means they are not authorised. Many unauthorized structures are routinely regularised on payment of penalties... but there are many more that are not yet regularised for various reasons. Will the axe fall on them also? In addition, why only Mumbai? What about Thane, Mumbra and Ulhasnagar where thousands of unauthorised (and often unsafe) structures are standing—a disaster waiting to happen?” asks Ramesh Prabhu, chairman of the Maharashtra Societies Welfare Association (MSWA).
He said, “In all these places, builders have sold the flats, made off with the life savings of crores of families—worth several thousand crore rupees. Dozens of members of Parliament (MPs), members of legislative assembly (MLAs) and corporators from all political parties as well as civic officials are accomplices of these builders.”
Between 1981 and 1989 seven high rise buildings were constructed at the Campa Cola Compound. While the builders have permission to build only five floors, they constructed several floors above. For example, one of the buildings Midtown has 20 floors while Orchid has 17 floors. Needless to say all floors above the permitted five floors are illegal. Unfortunately, it is the buyers of such flats, who have to pay the price for illegality committed by the builder and developer.
“As it happened with the three builders of the seven buildings of Campa Cola Compound, developers perpetrate the crime and usually go scot-free. Thousands of architects and contractors who mastermind such unauthorized buildings will also never be caught. The municipal officials, state government bureaucrats and police officials who turned a blind eye to the goings on are unlikely to be punished,” said Mr Prabhu.
He said, when the comes to for buildings to be demolished, it will be you and me—the common man—who will be running helplessly from pillar to post like the residents of Campa Cola Compound are doing today.
Mr Prabhu admitted there are no easy solutions for the illegal buildings menace and to get rid of all such structures, a major surgery is required across the Mumbai Metropolitan Region.
“However,” he said, “may I humbly urge the state government and legislature to frame a humane policy to deal with unsafe buildings first, before demolishing sound structures like the Campa Cola buildings? May I humbly urge Maharashtra government to avoid shirking its responsibility, and letting municipalities take their own decisions?”
“If a comprehensive and humane ‘demolition policy’ is not framed, a humanitarian crisis looms large before at least 40% of us in the years to come. Until such a policy is framed, I cannot help feeling that we all are Campa Cola building residents, waiting for our houses to be demolished for one reason or another,” the chairman of MSWA added.
The site claims one can earn Rs15,000 a day by just posting links and that it has Yahoo, Google, Bing etc, as its top partners
In the past we have seen Speak Asia Online, the multi-level marketing (MLM), company spreading its wings under the pretext of online surveys. In the same way another online company—Automated Paydays India (http://india.automated-paydays.com) claims one can earn Rs15,000 per day by just posting website links. On visiting the site the company claims to be advertised on Sun TV, CNN-IBN, Times Now etc. The company also mentions that it has partnered with Google, Yahoo, Bing, etc. It mentions that over 3,000 people all over India have joined. There is an American version of the site as well. The claim is that one can make money by posting links from home.
There have been many complaints online that apart from the joining fee it tries to sell different products which are supposed to ‘enhance’ your “work from home” business. One should not fall for its refund guarantee. There have been several instances as well where people have filed for refunds but have not yet received it.
After entering a few details to check if you are eligible, you are taken to another page which is a “Special Report” by one of its top home consultants. Here is what the page mentions on how one can make money,
“Put it this way: To post one link takes between 3 to 4 minutes. To be conservative, let's say it takes 4 minutes. Well, if you post one link every 4 minutes, and you do that for 60 minutes, that amounts to 15 links in just 60 minutes. And the average amount you make per link posted is Rs1,500.*
Let's do the math: 15 links for Rs.1,500 each equals Rs22,500. That's you earning Rs22,500 for 60 minutes of work! If you do this five days a week, you can make Rs1,12,500 a week... Rs4.5 lakh a month... and Rs58.5 lakh a year!* And that's just 1 hour a day, I do at least 3 hours per day Monday to Friday keeping the weekends to myself."
Towards the end of the “Special Report” it puts an earnings disclaimer mentioning that, “Even though this industry is one of the few where one can create their own earnings, there is no guarantee that you will earn any money using the techniques and ideas in these materials”
One can enroll by paying $19.97 (supposed to be a special discounted rate from $90). The payment goes to a company—ClickSure, which is based in Mauritius. Where is Automated Paydays based? Well, we are not really sure but in their terms and conditions document they mention that correspondence can be made to iNet Cubed in the United Kingdom.
The website has been running since October last year. Nearly 40% of the visitors to the site are from India.