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Payments in MCA for Over Rs. 50,000 also to be in electronic mode

The Ministry of Corporate Affairs has vide its Circular No. HQ/9/2002-Computerization dated 9th March, 2011 decided to accept payments of value upto Rs.50,000, for MCA 21 services, only in electronic mode w.e.f 27th March, 2011.

For the payments of value above Rs. 50,000, stakeholders would have the option to either make the payment in electronic mode, or paper challan. However such payments would also be made in electronic mode w.e.f .1st October™ 2011.

A Copy of the MCA Circular is available on the MCA website at the link:

http://www.mca.gov.in/Ministry/pdf/Circular_9mar2011.pdf

 

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