MCA21 Version 3.0 to be Launched by October

 The Ministry of Corporate Affairs (MCA) will release version 3.0 of MCA21 driven by data analysis from October 2021 to the 2021-22 fiscal year. The MCA213.0 version system is a task-based e-government project in India.

Highlights:

♦ The Ministry of Corporate Affairs emphasized that the project will include other modules for electronic adjudication, electronic consulting and compliance management.

♦ The project will also include microservice architecture and high scalability and advanced analysis capabilities.

♦ The MCA21 V3 project further aims to change the corporate regulatory environment in India.

♦ The project is helped by the latest technologies such as artificial intelligence.

♦ The main components of the project include electronic review, electronic adjudication, MCA laboratory, electronic consulting and compliance management system (CMS).

♦ The project will be operated by L&T InfoTech.

♦ It will also include interactive user dashboards, chatbot-enabled service desks and mobile applications.