Ministry of Corporate Affairs, India MCA www.deekpay.com

About the Ministry of Corporate Affairs of India

India's Ministry of Corporate Affairs MCA (Ministry of Corporate Affairs) isIndiaGovernment department primarily responsible for administering the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act 2008 and the Insolvency Act 2016.

The MCA is primarily responsible for the regulation of industrial and service sector enterprises in India. The Ministry is mainly managed by a cadre of civil servants from the ICLS. These officers are selected through the Civil Services Examination conducted by the Union Public Service Commission. The highest post in ICLS is Director General of Corporate Affairs (DGCoA), fixed at Apex level. The present Minister is Nirmala Sitharaman.

The Ministry of Corporate Affairs of India is primarily responsible for the administration of the Companies Act, 2013, the Companies Act, 1956, the Limited Liability Partnership Act, 2008, and other relevant Acts and the rules and regulations framed thereunder, with the primary objective of regulating the functioning of the corporate sector in accordance with the law The Ministry is also responsible for enforcing the Competition Act, 2002, with a view to preventing practices adversely affecting competition and to promote and maintain competition in the marketplace It also protects the interests of consumers through commissions set up under the Act. In addition, the Ministry carries out the supervision of three professional bodies, namely, the Institute of Chartered Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI) and the Institute of Cost Accountants of India (ICAI), which were set up under three separate Acts of Parliament The Ministry is also responsible for discharging the functions of the Central Government in relation to the administration of the Partnership Act, 1932, the Companies (Endowment of State Funds) Act, 1951 and the Societies Registration Act, 1980. The Ministry also performs the functions of the Central Government relating to the administration of the Partnership Act, 1932, the Companies (Endowment of State Funds) Act, 1951 and the Societies Registration Act, 1980.

Main responsibilities of the Department of Corporate Affairs, India

In addition to the regulation of corporate affairs, the MCA is also involved:

Administers the Competition Act 2002 to prevent conduct adversely affecting competition, to promote and maintain competition in the marketplace, and to safeguard consumer interests through the Commission established under the Act. Oversees three professional bodies established under different Acts of Parliament, namely the Institute of Chartered Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI) and the Institute of Cost Accountants of India (ICAI). Performs the functions of the Central Government in the administration of the Partnership Act, 1932, the Companies (Endowment of State Funds) Act, 1951 and the Societies Registration Act, 1980.

operational protection

MCA governs the following articles of association:

Companies Act, 1956 Companies Act, 2013 Limited Liability Partnership Act 2008 Insolvency Law, 2016 Competition Act, 2002 Partnership Act, 1932 Chartered Accountants Act, 1949 Cost and Works Accounting Act Company Secretaries Act, 1980 Societies Registration Act, 1860 Companies (Donations to National Funds) Act, 1951 Accounting Standards and Other Circulars

Vision and Mission

The vision of the Ministry of Corporate Affairs, India is to be a facilitator of world-class corporate governance. Its mission is:

Transforming the regulatory environment for easy compliance. Balancing the competing interests of stakeholders. Build and strengthen institutions to achieve excellence in service delivery.

Services provided by the Ministry of Corporate Affairs of India

Below is a list of the various services offered by MCA through its portal:

Incorporation. Checking the availability of names proposed for new companies and approving name changes for existing companies. Registration of unregistered companies. Registration of place of business in India by a company incorporated in India. Registration of change of purpose of the company. Conversion of a private company into a public company and vice versa. Conversion of unlimited companies into limited companies, i.e. companies limited by shares/guarantees. Registration of Prospectus. Registration of fee creation/amendment and fee fulfilment. Forgive the delay in submitting charge creation/modification and charge fulfilment. Extension of time to hold Annual General Meeting (AGM). Registration of court, NCLT or RD orders. Issuance of certified copies of corporate documents. Issuance of Director Identification Numbers (DIN). Director Identification Number (DIN) details change. Conversion of a company into a limited liability partnership. Transferring a corporation's registered office from one state to another. Transferring a corporation's registered office from one state to another within the state. Grant of licences to section 8 companies. To take decisions relating to appointments/re-appointments and excess remuneration paid to directors/whole-time directors or managers. Investor Grievance Redressal / CPGRAMS (Centralised Public Grievance Redress and Monitoring System). Other grievances or complaints related to MCA-21. Seeking company is dormant. Seek company in active status. Register for notices regarding the appointment of managers. Delay is condoned under section 460 of the Companies Act, 2013. Obtaining/associating/renewing DSC (Digital Signature Certificate). Query DIN (Director Identification Number) and verify DIN PAN details of the director. Services related to master data. Limited liability partnership services. Services related to electronic filing. Handling of complaints. Documentation services. Fees and payment services. Investor services.

Note: These Ministry of Corporate Affairs registration services can also be accessed through India's National Single Window System (NSWS). NSWS is a digital platform that helps corporates to identify and apply for approvals as per their business needs.

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