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Good response to e-filing by companies
September, 30th 2006
The e-governance project of Ministry of Company Affairs that envisages electronic filing for company transactions, appears to have got off to a good start. Till Tuesday, while about 3.66 lakh e-filings of various forms have been made, 16,761 new companies have been registered using the online system. The numbers depict the cumulative filings done till September 26. The project was launched in a phased manner. It started with the pilot project in Coimbatore in February, followed by 10 more locations in April, and has been rolled out across the nation barring Jammu. "As on September 26, a total of 3,66,729 e-filings had been done and 16,761 new companies have been incorporated using e-forms," a senior Ministry official told Business Line. Total e-filings include various kinds of forms. IIMA TO take up STUDY Meanwhile, Indian Institute of Management (IIM), Ahmedabad, is learnt to have expressed its interest to conduct an impact assessment study of the MCA 21 project at a later stage. "In August, when the Minister for Company Affairs, Mr Prem Chand Gupta, visited IIM, Ahmedabad, the institute expressed its desire to take up an impact assessment study at an appropriate time to which the Minister has agreed," the official said. The Ministry is also studying various e-forms closely to do away with duplication of information. "Since all company-related relevant data would be available online, we are trying to further cut down duplications in data sought by different forms," said the official. This exercise may result in reduction of data inputs sought by some e-forms. They may also lead to merger of some forms, resulting in reduction of total number of e-forms.
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