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Straight Through Process in MCA
Through Process (STP)is adopted
in approval of forms filed with Ministry of Corporate Affairs (MCA). Some of
the eforms, required to be filed with MCA, which are Informatory in Nature, are
filed under Straight through process, meaning the e-forms is being taken on
record by the respective Registrar of Companies through electronic mode
on the base that the forms are being certified by the Practicing Professionals
forms approved under STP: Forms 20B, 23AC, 23ACA, 32 etc.
avoid delay in processing of forms filed with MCA and adhering to the Standards
of the Practicing Professionals adopted while verification of forms, this
Straight Through Process is adopted by MCA.
Regulation 17 of Companies Regulations, 1956, these forms may be examined
anytime by the Registrar.