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City emerging as business destinatio

LUCKNOW IS emerging as a prime business destination going by the number of companies registered with the office of the Registrar of Companies at Kanpur, says Registrar of Companies K L Kamboj.

Published on: Apr 19, 2006, 24:05:00 IST
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LUCKNOW IS emerging as a prime business destination going by the number of companies registered with the office of the Registrar of Companies at Kanpur, says Registrar of Companies K L Kamboj.

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He was addressing a seminar MCA 21 & e-Filing organised by the PHD Chamber of Commerce & Industry (PHDCCI) UP State at MB Club on Tuesday.

“Excluding sick entities, the total number of companies registered with the Registrar of Companies in Uttar Pradesh from Lucknow are 5,130 compared to 5,890 companies registered from Kanpur,” he said.

A total number of 17 lakh documents filed by various companies with the Registrar of Companies were scanned and digitised by February 2006.

“The MCA-21 is an e-Governance project of the Ministry of Company Affairs which is under implementation and scheduled to become operational in a phased manner by end of this month across the country,” Kamboj said.

He said at present the filing and registration of documents is a statutory requirement under the Companies Act 1956 and the documents and forms are filed manually. The Union Government is working towards enabling filing of all forms filed by companies in the electronic mode, Kamboj said.

Till now about 80 per cent of the processing work in the Registrar of Companies is in the form of physical documents. “Very soon the entire office would work in a paperless environment,” he said.

However, despite the e-filing of documents of the companies at the Office of the Registrar of Companies, there would be certain work such as stamping of certain documents submitted physically would continue apart from submission of documents on stamp papers, Kamboj added.

Director of Ministry of Company Affairs Pawan Kumar said under the MCA-21 project, the ministry had already set up a Data Centre in New Delhi and is in the process of setting up a Data Recovery Centre in Chennai. “Plans are afoot to set up a Government Secure Repository in Delhi which would provide key corporate data for use by academic institutions and other users in the country,” he added.

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