MCA filing for COVID-19 readiness

With the threat of COVID-19 looming large in the country, the Ministry of Corporate Affairs (“MCA”) introduced a web based form on 23 March 2020 to confirm the readiness of companies and LLPs to reign in the contagion.

This web form Company Affirmation of Readiness towards COVID-19 (CAR) is applicable to all companies and LLPs, both Indian and foreign. The compliance of advisory by the MCA to put in place an immediate plan to implement ‘Work from Home’ policy in headquarters and field offices to the maximum extent possible, as a temporary measure to contain the spread and avoid further transmission of virus at community level, will have to be reported in this web form. MCA has already relaxed the rules with respect to Board Meetings by enabling the companies to conduct meetings through video conference or other electronic or telephonic or computerised means up to June 30, 2020. MCA is also considering on other relaxations that may be necessitated on account of COVID-19.

Features of the Form

·       The CAR form has minimum fields and can be filed with an OTP verification done by an authorised signatory of the Company.

·         There is no filing fee for this form.

·         No DSC is required to file the form.

·         No Penalty or enforcement related action is applicable.

·         Filing of this form is voluntary.

However, we urge all corporates to mandatorily take the necessary steps and preventive measures TO FIGHT THIS COVID-19 THREAT and contribute to a healthy community.

 

 

 

Similar Articles

Sometimes talking gives solution

Contact us for more information about our services and how we can help

Contact
Disclaimer

As per the rules of the Bar Council of India, we are not permitted to advertise or solicit work. By accessing and browsing through this website, all users agree and acknowledge that the content of this website is for informational purposes only and that there has been no form of solicitation, advertisement or inducement by NovoJuris Legal or its members, in any form. No information provided on this website should be construed as legal advice and NovoJuris Legal shall not be liable for consequences of any action taken by relying on the information provided on this website.