Scrutiny of Straight Through Process i.e. STP forms filed by the companies

Central Scrutiny Centre (CSC) for carrying out scrutiny of MCA e-forms 

Ministry of Corporate affairs (MCA) has issued notification S.O. 1257(E) dated 18th March 2021. Vide notification S.O. 1257(E) MCA established a Central Scrutiny Centre (CSC) which will be located at the Indian Institute of Corporate Affairs (IICA), Plot No. 6, 7, 8, Sector 5, IMT Manesar, District Gurgaon (Haryana), Pin Code- 122050. 

Scrutiny of Straight Through Process i.e. STP forms filed by the companies

Central Scrutiny Centre (CSC) will carry out scrutiny of various forms filed under the straight through process i.e., STP process. STP process is adopted by the MCA to approve various e-forms filed by the companies, electronically without human intervention. Currently most of the forms filed under the Act are approved under STP mode, and there was no automatic mechanism to check error, omissions or misstatement in the e-forms . However, the Registrar may at any time either by suo-motu or on receipt of information or complaint at any time may examine the forms. and in case any defects or incompleteness in any respect is noticed by the Registrar, then this e-Form shall be treated and labelled as defective and the e-Form shall have to be filed afresh with the fee and additional fee, as applicable and treat the e-form or document as defective in the electronic registry. (sub-rule 6 of rule 10 of the Companies (Registration offices and Fees) Rules, 2014)

Now, with introduction of the Central Scrutiny Centre (CSC) shall carry out scrutiny of the e-forms and forward findings thereon, wherever required, to the concerned jurisdictional Registrar of Companies for further necessary action under the provisions of the Act and the rules made thereunder.

Notification S.O. 1257(E) dated 18th March 2021.

Comments

Popular posts from this blog

PF payment due dates for the FY 2020-21 for tax audit reporting

PF payment due dates for the FY 2021-22 for reporting u/s 36(1)(va)

Format of shorter notice consent for AGM (Annual General Meeting)

PF payment due dates for the FY 2022-23 for reporting u/s 36(1)(va)

Letter of Authority for Tax Practitioners (Income tax)