Apr 30, 2011

Certification of e-forms under the Companies Act,1956 by the Practicing professionals


Ministry of Corporate Affairs has been steadily progressing towards total electronic filing and approval regime.  Objective is to do away with human intervention in MCA approvals to the maximum extent possible


Ministry of Corporate Affairs has entrusted practicing professionals registered as Members of the professional bodies namely, ICAI, ICSI & ICWAI with the responsibility of ensuring  integrity of documents filed by them with MCA in electronic mode.  Professionals  are now to be responsible for submitting /certifying documents (to be signed digitally by them) and system would accept most of these documents online without approval by Registrar of Companies or other officers of the Ministry.

However, to ensure that the data integrity is maintained at all times, there will be checking of such submissions to guard against fraudulent filing.  In addition to the penal actions against the companies  and  their officers in default for furnishing incorrect or false information in the documents as provided under the Companies Act, 1956, action would also be taken on receipt of any complaint, anonymous or otherwise, against such professionals in the following manner..........


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