Electronic payment requirement for corporate filing fees speeds processing; phased mandate extends compulsory electronic payments to higher-value filings. To reduce delays from banks' reporting lag for physical challans ('T'+3) versus online payments ('T'+1), the Ministry requires electronic payment of fees for MCA21 services for payments up to the specified threshold effective 27 March 2011. Payments above that threshold may be made electronically or by paper challan until a later date, after which electronic mode becomes mandatory for higher-value payments effective 1 October 2011.
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Provisions expressly mentioned in the judgment/order text.
Electronic payment requirement for corporate filing fees speeds processing; phased mandate extends compulsory electronic payments to higher-value filings.
To reduce delays from banks' reporting lag for physical challans ('T'+3) versus online payments ('T'+1), the Ministry requires electronic payment of fees for MCA21 services for payments up to the specified threshold effective 27 March 2011. Payments above that threshold may be made electronically or by paper challan until a later date, after which electronic mode becomes mandatory for higher-value payments effective 1 October 2011.
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