Future with mca21 use technology to beat technology

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  • 1. Future With MCA21 Use Technologies To Beat Technology … By : Pavan Kumar Vijay - Managing Director
  • 2. Transformation is a part of life
    • Transformation has bought Fabulous growth in the past…
    01/17/12 Workshop on MCA21
  • 3. Transformation From
    • Stock Market
    • Out-Cry System
    01/17/12 Workshop on MCA21
  • 4. To new era of 01/17/12 Workshop on MCA21 Online any-where any-time trading
  • 5. Transformation From
    • Physical Share Certificates
    01/17/12 Workshop on MCA21
  • 6. To new era of 01/17/12 Workshop on MCA21 Demated Shares
  • 7. Abolished Bad Deliveries 01/17/12 Workshop on MCA21
  • 8. Lost - Lost in transit 01/17/12 Workshop on MCA21
  • 9. Instant transfers 01/17/12 Workshop on MCA21
  • 10. Resultant into
    • Fabulous Growth
    01/17/12 Workshop on MCA21
  • 11. Turnaround in Turnover 01/17/12 Workshop on MCA21
  • 12. Transformation Replica 01/17/12 Workshop on MCA21
  • 13. Lapsed geographical boundaries 01/17/12 Workshop on MCA21
  • 14. Proximity to remote areas 01/17/12 Workshop on MCA21
  • 15. Transparency 01/17/12 Workshop on MCA21
  • 16. Change in Mindset 01/17/12 Workshop on MCA21 Compliance - easy, Non Compliance - Impossible
  • 17. Paradigm Transformation in MCA 01/17/12 Workshop on MCA21 Paper Based Operations Paper Less Environment From To
  • 18. Implemented to ensure… It’s stakeholders interests & benefits… 01/17/12 Workshop on MCA21
  • 19. Business
    • easy registration and compliances
    • peer group analysis
    • trade name protection
    • strategic takeover & acquisitions
    • reach to public at large
    • transparency
    01/17/12 Workshop on MCA21
  • 20. Directors
    • convenience of signing and submission
    • lapsed geographical boundaries
    • ease in management
    • changed mindset to compliances & reporting
    • e-Governance based Corporate Governance
    01/17/12 Workshop on MCA21
  • 21. Public
    • easy access to company records
    • fast redressal to investor grievances
    • transparency
    • better management for oppression mismanagement
    • analysis before investing / lending
    01/17/12 Workshop on MCA21
  • 22. Lenders
    • easy registration and search of charge
    • tracking of defaulting companies
    • effective analysis & tapping of financial reporting & projections of borrowing companies
    • Tap on frauds and misleading reporting
    01/17/12 Workshop on MCA21
  • 23. Government
    • proactive and effective compliance
    • auto-triggered non compliances reporting & issue of show cause notices
    • Multilevel pre-security
    • Better statistical reporting & projections
    • Effective Tracking and management of government funded projects
    01/17/12 Workshop on MCA21
  • 24. MCA Department
    • clerical to strategic
    • delivery of best services
    • time for qualitative analysis
    • tracking and timely action against defaulting companies
    • increased Transparency
    • timely action on approvals /reporting.
    • audit trail
    01/17/12 Workshop on MCA21
  • 25. Professionals
    • Increased compliance awareness
    • increased efficiency in services
    • unbounded tremendous opportunities
    • expanded geographical reach
    • economy at operations
    • Instant delivery to increased clientele
    • New service horizons
    01/17/12 Workshop on MCA21
  • 26. New Service Horizons
    • Online Audit & Due Diligence
    • Increase in Investigations, Prosecutions & compounding matters
    • Increase in Corporate Restructuring & Planning
    • Certified Facilitation Centers
    • e-search, e-filings, e-Incorporations
    01/17/12 Workshop on MCA21
  • 27. Multi level scrutiny 01/17/12 Workshop on MCA21 ROC Level Portal Level Professional Level Form Level
  • 28. Works that will gain more importance
    • Balance Sheet & Directors Report Analysis
    • Qualitative Analysis of Database
    • Surveillance
    • Monitoring of Professionals
    • Reduction in Corporate Frauds
    • Investigation & Prosecution
    • Investors Grievance handling
    • Innovative Schemes for Corporate World
    01/17/12 Workshop on MCA21
  • 29. 01/17/12 Workshop on MCA21 Ye Dil Mange More!!!
  • 30. Only Understanding the technology can give us an edge……..
    • Understand the systems..
    01/17/12 Workshop on MCA21 Understand the software……
  • 31. Only Understanding the technology can give us an edge……..
    • Use Technology….
    01/17/12 Workshop on MCA21
  • 32. Government Perception 01/17/12 Workshop on MCA21 “ Freedom with Accountability” Shri Prem Chand Gupta Hon’ble Minister Ministry of Company Affairs
  • 33. Further to add on…
    • MCA21 has bought
    • all the professionals
    • on the similar footing,
    • Now innovative
    • &
    • instant solution delivery
    • is mantra to success
    • for all the professionals
    01/17/12 Workshop on MCA21
  • 34. A small example of innovation… 01/17/12 Workshop on MCA21
  • 35. So Lets Gear-up…
    • Understand Advanced Technologies
    • Move faster than technological changes
    • Self help is the need of hour
    • Use technologies to carry procedural works
    • Devote precious time for innovations
    01/17/12 Workshop on MCA21
  • 36. 01/17/12 Workshop on MCA21 Thanks A Lot & All the best for the upcoming opportunity Thanks