India - MCA Allowing Physical Filing Of Certain E-forms.

March 1, 2023 by Rohin Pujari

The Ministry of Corporate Affairs (“MCA”) vide general circular no. 05/2023 dated February 22, 2023 has allowed filing of certain e- forms which are to be submitted in a time bound manner in physical mode pending the stabilization of 45 forms. The forms are to be submitted with an undertaking from the company that it will also file the relevant form in electronic mode on MCA-21 portal.

While MCA is trying to ensure that the corporate actions do not get affected due to the transition, however, with this circular it seems that MCA has taken a step backward to the era of physical filing and thereby creating duple procedure of filing of forms electronically and physically.

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For further information, please contact:

Vineet Aneja – Clasis Law,
vineet.aneja@clasislaw.com

Vineet heads Clasis Law and shares his time between the Delhi and Mumbai offices. He has extensive experience working with both Indian and foreign companies, as well as with government authorities.

Vineet’s corporate practice includes advising on mergers and acquisitions, joint ventures, private equity and investment funds on a full range of corporate clients on general corporate matters and in the areas of capital markets, project finance, regulatory and real estate.

Vineet’s skill set includes a deep transactional understanding as well as significant industry expertise across industries as diverse as manufacturing, media, medical devices, fashion, insurance, technology, telecommunications, infrastructure, hospitality, retail and financial services. Client feedback has highlighted the value his experience adds to both the legal and commercial sides of transactions.