The MCA21 portal, launched in 2006, was developed to digitize corporate filings, improve compliance, and provide secure access to corporate services. The MCA21 Version 3.0 (V3.0) aims to enhance e-Governance, strengthen enforcement, and improve the Ease of Doing Business. Key features include Web filings, e-Adjudication, e-Consultation, e-Book, and a Learning Management System. Currently, 21.40 lakh companies and LLPs, along with over 60 lakh individual users, such as Directors, Practicing Professionals, and Company Nodal Officers, utilize the portal’s services.
Regarding AI’s role in competition, the Competition Commission of India (CCI) has initiated a study on Artificial Intelligence (AI) and its impact on anti-competitive practices. Future actions will be determined based on the study’s findings.
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
LOK SABHA
UNSTARRED QUESTION NO. 1078
ANSWERED ON MONDAY, February 10, 2025
MAGHA 21, 1946 (SAKA)
Beneficiaries of MCA V3.0 Portal
QUESTION
1078. Dr. D. Purandeswari
Will the Minister of CORPORATE AFFAIRS
be pleased to state:
(a) Whether the Government has undertaken any measures for the establishment of a digital corporate compliance infrastructure and if so, the details thereof;
(b) the details of the MCA V3.0 portal launched by the Government for enhancing e-Governance;
(c) the number of beneficiaries of the MCA V3.0 portal;
(d) whether the Government has undertaken any market study to understand the impact of Artificial Intelligence (AI) in anti-competitive practices and if so, the details thereof; and
(e) the steps taken by the Competition Commission of India to reduce down the ill-use of Artificial Intelligence in conducting anti-competitive practices?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS; MINISTER OF STATE IN THE MINISTRY OF ROAD TRANSPORT AND HIGHWAYS
[SHRI HARSH MALHOTRA]
(a), (b) & (c): The MCA21 portal was launched in 2006 to digitise corporate filings, improve compliance and provide stakeholders with secured access to MCA services. Version-3 of MCA21 has been launched to further strengthen enforcement, promote Ease of Doing Business and enhance user experience. Through MCA21 V3, functionalities like Web filings, e-Adjudication, e-Consultation, e-Book, Learning Management System etc have been introduced. Around 21.40 lakh Companies & LLPs are availing the Services of MCA21 portal. Additionally, more than 60 lakh individual users including Directors, Practicing Professionals, Company Nodal Officers are directly using MCA21 services.
(d) & (e) The Competition Commission of India (CCI) has commissioned a study on Artificial Intelligence (AI) and Competition. Further appropriate action would depend on the findings of the study.
