Get All Access for $5/mo

Nirmala Sitharaman Reviews MCA Site Glitches And Directs To Form Special Team To Resolve The latest version of MCA21 portal was launched on January 23

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Nirmala Sitharaman Twitter handle

Finance and corporate affairs minister Nirmala Sitharaman, after conducting a review on Tuesday to acknowledge that MCA21 portal has reported challenges in statutory corporate filings due to technical issues since January, has directed the ministry of corporate affairs to form a special team to look into these matters. The latest version of MCA21 portal was launched on January 23.

"The minister today reviewed the matter and has instructed the Ministry of Corporate Affairs to form a special team to address public grievances on priority," said the ministry of finance in a tweet.

MCA21 is an e-governance initiative of the ministry of company affairs (MCA), government of India that enables an easy and secure access of the MCA services to the corporate entities, professionals and citizens of India. It is also said to be the first portal under the government to use the digital identity of the users.

"The corporate affairs ministry is working with Larsen and Toubro's LTIMindtree, which manages the portal, consultants EY India, and National Institute for Smart Government to solve the matter," the minister tweeted.

A government official in a news report was quoted as saying, "There are teething troubles since a new system has been launched and they will be resolved soon. Since MCA has made the registration process more rigorous with every person who registers required to provide PAN, authenticate digital signatures, unlike before it has added to their problems. Now you cannot have multiple user IDs linked to one unknown entity's email ID. We have taken action to stop the incorporation of shell companies. This is creating problems for some."

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

'It's Not About You': How to Fire Someone Effectively, According to Kevin O'Leary

O'Leary says that if you can't fire someone, you aren't the right leader for the organization.

Entrepreneurs

This Entrepreneur is Carrying the Torch Toward a Brighter Future for the Real Estate Industry

Craig Sewing founded American Dream TV ten years ago and he seeks to empower the current and future players in real estate by providing a network that celebrates authenticity and community-driven storytelling.

Business News

Meta Makes $1 Million Dollar Donation to Donald Trump's Inaugural Fund

Meta CEO Mark Zuckerberg also reportedly gave Trump a pair of Ray-Ban Meta smart glasses.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.

Side Hustle

When His Dad Died, He Took His Grief to the Mall and Shopped Sneaker Sales. Now His Hobby Is a $10 Million Side Hustle.

Vernon Simms just needed something to fill his time. Now, he's making thousands a month — and sharing his strategy with others.