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This presentations reviews the transformation made by information techonology in various field, and the opportunities made available by MCA21 to make new transformations. The presentation highlights the requisites to take the maximum benefit from this opportunity and urges the professionals to change their mindset.
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Future With MCA21
Use Technologies
To
Beat Technology …
By : Pavan Kumar Vijay - Managing Director
04/12/23 Workshop on MCA21
Transformation is a part of life
Transformation has bought Fabulous growth in the past…
04/12/23 Workshop on MCA21
Transformation From
Stock Market
Out-Cry System
04/12/23 Workshop on MCA21
To new era of
Online any-where any-time trading
04/12/23 Workshop on MCA21
Transformation From
Physical Share Certificates
04/12/23 Workshop on MCA21
To new era of
Demated Shares
04/12/23 Workshop on MCA21
Abolished Bad Deliveries
04/12/23 Workshop on MCA21
Lost - Lost in transit
04/12/23 Workshop on MCA21
Instant transfers
04/12/23 Workshop on MCA21
Resultant into
Fabulous Growth
04/12/23 Workshop on MCA21
Turnaround in Turnover
5000
47000
96000
0
20000
40000
60000
80000
100000
Turnover in Rs. Crore
Turnover In BSE 1993-2006
1993
1999
2006
04/12/23 Workshop on MCA21
Transformation Replica
04/12/23 Workshop on MCA21
Lapsed geographical boundaries
04/12/23 Workshop on MCA21
Proximity to remote areas
04/12/23 Workshop on MCA21
Transparency
04/12/23 Workshop on MCA21
Change in Mindset
Compliance - easy, Non Compliance - Impossible
04/12/23 Workshop on MCA21
Paradigm Transformation in MCA
Paper Based Operations Paper Less Environment
FromTo
04/12/23 Workshop on MCA21
Implemented to ensure…It’s stakeholders interests & benefits…
04/12/23 Workshop on MCA21
Business
easy registration and compliances
peer group analysis
trade name protection
strategic takeover & acquisitions
reach to public at large
transparency
04/12/23 Workshop on MCA21
Directors
convenience of signing and submission
lapsed geographical boundaries
ease in management
changed mindset to compliances & reporting
e-Governance based Corporate Governance
04/12/23 Workshop on MCA21
Public
easy access to company records
fast redressal to investor grievances
transparency
better management for oppression mismanagement
analysis before investing / lending
04/12/23 Workshop on MCA21
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
04/12/23 Workshop on MCA21
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
04/12/23 Workshop on MCA21
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
04/12/23 Workshop on MCA21
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
04/12/23 Workshop on MCA21
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
04/12/23 Workshop on MCA21
ROC Level
Multi level scrutiny
Portal Level
Professional Level
Form Level
04/12/23 Workshop on MCA21
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
04/12/23 Workshop on MCA21
04/12/23 Workshop on MCA21
Only Understanding the technology can give us an edge……..
Understand the systems..
Understand the software……
04/12/23 Workshop on MCA21
Only Understanding the technology can give us an edge……..
Use Technology….
PrimoPDF.exe
04/12/23 Workshop on MCA21
Government Perception
“Freedom with Accountability”
Shri Prem Chand Gupta
Hon’ble Minister
Ministry of Company Affairs
04/12/23 Workshop on MCA21
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
04/12/23 Workshop on MCA21
A small example of innovation…
04/12/23 Workshop on MCA21
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
04/12/23 Workshop on MCA21
Thanks A Lot
&
All the best for the upcoming opportunity