ENA Economy 2025-12-03 15:58:55 <p><span style="font-size:14px"><strong>New Delhi, Dec 3 (KNN)</strong> The government has introduced Version 3 of the Ministry of Corporate Affairs 21 (MCA21) portal to advance Ease of Doing Business and reinforce compliance mechanisms.</span></p> <p><span style="font-size:14px">The update was shared by Minister of State for Corporate Affairs Harsh Malhotra in response to a question during the current Parliament session.</span></p> <p><span style="font-size:14px">He said MCA21 V3 has introduced several new digital modules. These include web-based filings, Limited Liability Partnership (LLP) and company modules, e-Enforcement, e-Adjudication and e-Consultation.</span></p> <p><span style="font-size:14px">The platform also features an integrated e-learning system. All corporate filings are now routed exclusively through the upgraded portal.</span></p> <p><span style="font-size:14px">The minister said the portal enables real-time validation, pre-filled master data and reduced manual errors, helping companies cut compliance timelines and avoid repeated submissions. </span></p> <p><span style="font-size:14px">The e-Adjudication module also allows entities to respond to notices online and meet statutory deadlines more efficiently.</span></p> <p><span style="font-size:14px">Malhotra added that artificial intelligence (AI) and machine learning (ML) tools are being deployed for helpdesk support, feedback analysis and name-approval processes through fuzzy-matching algorithms for new companies and LLPs.</span></p> <p><span style="font-size:14px">Highlighting recent reforms, the minister said the government has decriminalised several technical and procedural offences under the Companies Act, 2013, converting them into civil defaults with monetary penalties. </span></p> <p><span style="font-size:14px">This shift has eased the burden on criminal courts and the National Company Law Tribunal while promoting trust-based compliance.</span></p> <p><span style="font-size:14px">He noted that the reforms particularly benefit startups, small companies and MSMEs, with Section 446B allowing for reduced penalties for one-person companies, small companies, startups and producer companies.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 44286 https://knnindia.co.in/news/newsdetails/economy/govt-launches-mca21-v3-to-boost-ease-of-doing-business-and-digital-compliance 2025-12-03 15:58:55 knnindia.co.in