Record 82,628 companies, LLPs incorporated between April and July: MCA

economictimes.indiatimes.com:

Ministry of Corporate Affairs (MCA) said on Wednesday. Similarly, as many as 1.96 million forms were filed on the MCA21 (Version 3, or V3) portal between April and July, it said in a series of tweets.

The ministry’s statement comes amid furore over technical glitches involving the V3 portal since its rollout for companies on January 23. ET had first reported, on June 16, about the record incorporation of companies and LLPs this fiscal despite the technical issues.

The ministry also said professional bodies like the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India have been authorised to send details of their members who are seeking the merger or de-activation of their multiple user IDs. The MCA has already allowed chartered accountants, company secretaries and cost accountants to merge their multiple user IDs that they may have created earlier to be able to use the V3 portal now, as the latest version doesn’t entertain multiple user IDs for the same person.

“DIR KYC status (for directors of companies) is now visible at the start of the form,” the ministry tweeted. Earlier this year, following persistent criticism of the technical glitches on the MCA21 (V3) portal, finance and corporate affairs minister Nirmala Sitharaman had directed MCA secretary Manoj Govil to sort out the issues at the earliest so that stakeholders wouldn’t face any inconvenience.

Subsequently, senior MCA officials, led by Govil, along with executives of LTIMindtree, the operator of the latest version of the portal, held the first stakeholders’ meeting in Delhi in June to resolve issues faced by the users on the spot. The officials had also held similar meetings in six other cities – Chennai, Hyderabad,