MCA set up an internal committee to review e-Forms as well as the overall filing process to simplify procedures

To ease doing of business, Corporate Affairs ministry has set up an internal committee to review e-Forms as well as the overall filing process to simplify procedures under the new companies law.

Modi government is taking a number of steps to make it easier to do business in India. The companies are required under law to make their filings to the corporate affairs ministry through MCA21 portal. They are required to submit their filings electronically through MCA21.

An internal committee, which has been recently set up, would look at simplifying the e-Forms, their filing process and requirement of attachments under the Compa-nies Act, 2013. “The committee will suggest changes required for simplification and remo-val of difficulties faced by stakeholders in filing e-Forms,” the ministry has said in its monthly newsletter for October.

Last week India slipped in the WB’s much hyped “Ease of Doing Business” index to 142 position among 189 countries. “The report records reforms implemented by the government from June 2013 through May 2014. Reforms implemented after May 31, 2014, will be reflected in next year’s edition,”