A website of the Ministry of Corporate Affairs provides information about all Indian corporations. In other words, if you just started your own company in India, you might need to register with MCA. Information about all forms of businesses can be found on the MCA’s website, including information about Limited Liability Companies (LLCs). Visitors can use the site to look up information such as the serial number of a business license, the date of its formation, the kind of business, fees, and members. After paying the appropriate fees, the balance sheets and other documents related to the firm are made available online along with yearly reports.
If you want to verify the registration of a company or to get more information about a particular company before partnering with them, you can check MCA. In this blog, we’ll discuss how you do it. To start, let’s explore what the MCA is.
The Role of MCA – Ministry of Corporate Affairs
A company’s certification status can be verified by MCA Master Data (Ministry of Corporate Affairs). Business registration procedures and paperwork in India were digitised in 2006 when the Government of India launched the MCA (Ministry of Corporate Affairs) project. The internet has made it easier than ever to search for information about a registered company in India!
For more information about a business, you will first need to log in to a search engine (e.g., Google). Once you’ve accessed the search engine, you can lookup businesses by typing their full or partial names into the address bar.
Using the Ministry of Corporate Affairs (MCA) Master Data in India, you can get the following information:
- Corporate Identification Number (CIN)
- Name of Firm
- Registrar of Company (ROC) Identification Number
- Registrar of Company (ROC) Details
- Firm Category (Limited-by-shares, limited-by-guarantee, and unlimited-by-shares companies)
- Firm Sub Category (Indian Government Company/Indian Non-Governmental Company)
- A Firm’s classification (public /private)
- Authorised Capital of Firm
- Paid-up Registered Capital of the Firm
- Registration Date
- Status of Contact Address
- Email Listing
- Date of Recent Annual General meeting
- Due Date of Balance sheet
- Status of the Firm
There are three important factors that a shareholder should take into consideration when forming a company: –
- Verify that the details of the new company do not appear on the forbidden names list;
- Check the trademark of a registered business name;
- Look up the URL for the Suggested Business Name.
Steps Involved in Company Registrations
- Checking a firm’s incorporation status
- Connect your device to the internet and run a search engine;
- Visit the MCA (Ministry of Corporate Affairs) webpage;
- Now visit the MCA (Ministry of Corporate Affairs) services tab and click View Business from the drop-down menu;
- When you are finished typing the three letters of the business name, click the Search button.
- A list of business names will be presented along with the letters that have been filed. Copy the Corporate Identification Number (CIN) or click on the desired Company Firm Name page;
- If you know the Corporate Identification Number (CIN), enter it in the column as Business CIN;
- Enter the Corporate Identification Number (CIN) of the business. Enter the numeric code into the box. Submit the application form;
- That’s it. You will get the necessary details about the firm’s incorporation on the screen.
- Fees Filed with The Firm
A “Fee registered on Firm” is a warranty deed or claim that a creditor or lender gets on a business’s property to guarantee that the firm will pay off the debt. In order to obtain a bank loan or other financial help from a financial company, a business or limited liability partnership (LLC) typically has to pay fees against the company. Therefore, companies can use MCA’s functionality to identify whether they have taken out loans from banks or other financial institutions.
- Fee Details for the Business as a Result of the Search
- Fee Creation or Amendment Date
- Fee amount
- Fee Holder
- Fee Holder’s Address
- Company’s Members’ Authorization Details Verification
To examine the Directors of Business or Members of an LLP, use the MCA Link’s Authorization Details search functionality.
The following information on company executives or LLP members can be found on the internet:
- Details about the Director’s Identification Number (DIN);
- Directors’ or Shareholders’ Names;
- Designation of the Directors or Shareholders’;
- Address of the Directors or Stakeholders;
- Date of Consultation;
- Validity of Digital Signatures.
Legislation is part of the federal government and business is the most important revenue generator in India, so they are working to simplify corporate law. In either case, as a respectable Indian citizen, you should pay attention to post-registration compliance, which is crucial to every business because non-compliance will result in legal action. Therefore, marketers should be well versed in the company’s plans for the future. If you want to reduce the likelihood of non-compliance, you should always seek expert help.
The Ministry of Corporate Affairs publishes all corporate information online, accessible to the general public and the organization. MCA (Ministry of Corporate Affairs) service allows you to verify the status of a company’s incorporation after it has been registered with them.
The purpose of this blog is to provide the necessary information and documentation to form a business under the 2013 Company Law. This law has been successfully revised by the Indian government. As part of today’s technology environment, incorporation should be done online to reduce the complexity and save time for all involved parties. You will surely find this useful when you try to find information about a business with MCA in the future.