Has our ROC gone mad
It now wants every company to file form saying they are active. INC-22A.
If a company has filed all its due returns on time, they are active. Why another form.
In last one year min ROC forms to be filed each year has gone up from 3 to at least 8. more
If a company has filed all its due returns on time, they are active. Why another form.
In last one year min ROC forms to be filed each year has gone up from 3 to at least 8. more
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Many companies are not working,no bank account/no turn over-money laundering.Directors have invested-laudered or for name sake. It takes some years to know working and non working companies. more
Feb 24
I agree totally. In the name of catching some crooks floating fictitious companies, these bureaucrats come up with this hair-brained idea and burden existing, fully legally compliant companies with unnecessary paperwork. I think this notification should be withdrawn forthwith. There are lots of other methods which have already been employed and being used successfully by the Government. Same is true for MSME Act compliance. They first notify the provision and then back-track (postpone) because the necessary form is not even available on the MCA website. Are these people morons? The proper method would have been for the MSME companies having overdue payments from companies to file their outstandings with MCA, instead of burdening every body with unnecessary compliance requirements. I can foresee that with these steps our ease of doing business ranking will be going down substantially soon. I am all for catching crooks and meting out just and expeditious punishment to them, but such methods are totally totally counter-productive, and idiotic to say the least. more
Feb 24
Next form could be for feedback on Ease of doing business! On Sun, 24 Feb, 2019, 11:42 Rohit Jain more
Feb 24
In India ,no body in Govt. Institution are accountable therefore all of them wants paper formalities, Is it not a duty of concern department to have a visit of company periodically & verify the information & update, Govt. should take action against officials certifying bogus companies. more
Feb 24
