Conducts Rule based validation for certain filings, other filings are examined by the regulatory officials for approval. All filings made are available as an electronic database for public viewing.

Access to the corporate database in the portal is available to various regulators including Central Board of Excise and Customs, the Central Board of Direct Taxes, Securities and Exchange Board of India, Reserve Bank of India and Financial Intelligence Unit etc.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

Data sharing with regulators enhances access to corporate filings and subjects select filings to rule-based validation. Regulatory access to corporate filings is enabled through an electronic corporate database that is publicly viewable and accessible to various financial and tax regulators. Certain filings undergo rule-based validation automatically, while other filings are examined by regulatory officials prior to approval, combining automated validation with manual review and facilitating inter-regulatory information sharing.