banner_ad

MCA invites comments from members on stopping payment through phyical challan

Last updated: 04 September 2013


Dear Members,

The Ministry of Corporate Affairs vide the following Notice sought comments of the Institute. Members are requested to send their comments by 17th September 2013 to: Director (Professional Development) at pd.budhiraja@icmai.in for sending the consolidated comments of the members by the Institute to Ministry of Corporate Affairs by 20th September 2013.

NOTICE

The Ministry had reviewed the processes involved in delivery of important services to stakeholders and with a view to improving service delivery time, decided to accept payments of value upto Rs. 50,000/- for MCA21 services only in electronic mode w.e.f. 27.3.2011. It was also intimated in the same circular No. HQ/9/2002-Computerisation dated 9th March, 2011 that payments of value above Rs. 50,000/- would also be made in electronic mode only w.e.f. 1.10.2011.

With a view not to cause any inconvenience to the stakeholders, the decision with regard to stopping online payment facility was not put to effect pending enabling of alternative mechanism for payment. Online payment facilities through NEFT (National Electronic Fund Transfer) facility have since been introduced. In addition, “Verify Payment” feature has also been introduced to enable stakeholders to check status of their online payments. In view of this, it is proposed to stop payment through physical challan for payments of value above Rs. 50,000/- also, most of which are payment for Form 1 and Form 5 service.

Any of the stakeholders having any observation/suggestion/objection to the above proposal for stopping payments through physical challan for payments of value above Rs. 50,000/- may kindly give comments by e-mail at MCA.egovcomments@mca.gov.in or to Mr. Shyam Sunder, Deputy Director, eGovernance Cell, Ministry of Corporate Affairs, Room No. 508, 5th Floor, Shastri Bhawan, New Delhi-110001 by 20th September, 2013.

(Anil Kumar)

Director

MCA Website

All Regional Directors, MCA

All Registrars of Companies, MCA

ICAI

ICSI

ICoAI


CCI Pro



News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


Comments



More »


Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details