Ministry of Corporate Affairs (MCA) has introduce Online Compliance Monitoring System (MCACMS) for issuing show cause notices and submitting replies from companies/directors for non-compliance under provision of Companies Act, 2013.
MCACMS Portal started sending show cause notices for certain violations by email to the Company /Director / Company Secretary. The Show cause notice will carry a CMS reference Number such as F. No. D/RCXXX/XXX/2019/XX/YY-YY.
The notice will carry details of non-compliances under which section the notice is issued for and the timelines for submitting the reply. The Company is required to serve a copy of the said notice to the directors/KMPs and the notice will be treated as deemed to have been served upon every officers in default of the company in terms of the Companies Act. 2013. The recipient of showcase notice has to submit reply at the portal.
One can opine that in case if there is any default in complying with the provision of applicable law, rules and regulations as defined thereunder will going to receive notices from regulators. Hence, it is hereby advised to comply with each and every provision of the Act in true letter and spirit so as to avoid any action from Registrar of Companies (ROC) and any other regulatory authority, if any.
MCACMS.GOV.IN
mcacms.gov.in