All you need To Know about the New MCA V3 Portal in Patna, Bihar – Introduction, Login & Registration, Types, Changes, Differences

Overview of new MCA V3 Portal in Patna, Bihar

In recent years, the Ease of Doing Business has gained special importance for businesses among the most developed economies of the world. Similarly, the position of India in terms of Ease of Doing business has changed drastically in past few years.

According to a study made by the World Bank, which studied countries based on Ease of doing business rankings, and gave weights based on certain parameters which are used to build EoDB ranking. Here a high EoDB signifies a more conducive environment for starting & running a business in any particular country. Among the 190 countries that were subject to the study made, India ranked 63rd position and is still improving. For the last three years in a row, India has maintained its position as top three among the top 10 improvers, with an improvement of 67 ranks.

In all these years, the Government has made innumerable efforts to improve business by launching various programs & incentives to encourage businesses to grow. In the year 2014, the Government of India launched its ambitious program of regulatory reforms intending to ease the process of doing business in India and create a more business-friendly environment. For instance, since the launch of the ‘Ease of Doing business ‘scheme the government has reduced as much as 25,000 compliances, which have been especially helpful for small-scale industries & start-ups. Accordingly, India came out to become one of the most attractive destinations not only for investments but also for doing business jumping from 142^nd position in 2014 to 63rd (2019) in ‘The World Bank’s Ease of Doing Business Ranking in 2020.

Taking a further leap in its efforts, the Union Ministry of Corporate Affairs under the Government of India announced the upgradation of the MCA 21 V2 Portal to the MCA V3 portal on 26^th June 2022, for LLP fillings, which will be rolled out with additional features from 31^st August 2022, as part of its efforts to help businesses to manage their compliances better, and thus form a better system for corporate governance.

MCA V3 Portal in Bihar

Located in eastern India, Bihar is India’s third most populous state. The state shares its borders with Uttar Pradesh, Nepal, Jharkhand, and West Bengal. The majority of the population of Bihar resides in rural areas; only 11.3% of the total population lives in the urban areas. Demographically the state consists of a younger population aged below 25 years. Hindi, Urdu, Maithili, Magahi, and Bhojpuri are the languages spoken in Bihar. Bihar is rich in natural resources and holds 95% of the resources. In May 2022, a gold mine was found in Bihar that accounts for more than 44% of gold reserves.
The state has one of the fastest-growing economies in the country, based mainly on the agricultural and industrial sectors. The state’s GDP in the fiscal year 2020-21 was Rs. 6,79,473 crores. Agriculture is the primary occupation of the people of Bihar, and about 80% of the total population in Bihar is engaged in agriculture. Bihar is the fourth-largest producer of vegetables & the eighth-largest producer of fruits in India. The major industrial cities in Bihar are Hajipur, Barauni, and Dalmianagar. The government of Bihar is determined to make further developments in small industries by improving IT infrastructure and opening software parks in Patna, Bhagalpur, and Darbhanga.
Capital- Patna

Top Business idea in Bihar
Bihar is a developing state; that’s why the ease of doing business is relatively high in Bihar compared to other states of India. The state’s economy is mainly dependent on Primary activities like agriculture and livestock farming. If you are thinking of taking the risk and starting a business in Bihar, then here are some top business ideas that one can pursue.

Computer training institutes
Bihar is a developing state, and the demand for computer institutes is high in Bihar. From children to adults, everyone wants to learn computer courses, that’s why setting up a computer training institutes in Bihar is not at all a bad deal. You can teach new programming languages and projects to expand your institute. If you have a reasonable budget, you can hire professional instructors in the computer training institute.

Fish farming
After agriculture, fish farming is prominent in Bihar. Over 9 lakh wetland, fish farming is a rapidly growing sector in Bihar. The state has several aquatic resources in the form of ponds and tanks that can be used for fish farming. In this business, you need to take care of the quality of seeds as good quality seeds are required to produce good quality fish. So, if you plan to start a fish farming business in Bihar, you must ensure good quality fish. Even the state government of Bihar is encouraging new entrepreneurs to develop fish seed hatcheries.

Restaurants
Setting up a restaurant is undoubtedly a good idea if you have a good amount of capital to invest in your business. The restaurants need a lot of investment, but they yield high profits to the owner. To open a small restaurant in Bihar, you must have a capital investment of 10 to 12 lakh rupees. Besides the hefty investments, the profit yielding in the restaurant business takes time.

Wheat processing
You only need a place and a wheat processing machine to set up a wheat processing business. Wheat processing is also called chakki. This is a low-budget yet effective business idea in Bihar as the grain processing machine is affordable and easy to install and use. One doesn’t need a very high investment in setting up a wheat processing business. The chances of failure of this business idea are significantly less as the majority of the rural population of Bihar gets flour through wheat processing.

Salons
The state is emerging as a market for beauty salons nowadays, which means that setting up a business of salons can be profitable. Before starting the business of beauty salons in Bihar, you need to look up certain things like location, expertise, skills, and retail operations. If one considers these critical points before setting up a beauty salon business in Bihar, then they will surely get success. The demand for fancy and luxurious salons is relatively high in Gaya, Patna, and Muzaffarpur. So, opening salons in such locations can be beneficial for your business.

Transport
Setting up a transport business in developing states like Biharis an evergreen idea, and it is an affordable as well as a profit-making business. One can set up a transport business with one or more vehicles. Besides this, one can also use vans or vehicles to transport food, vegetables, or other products. The only investment needed in this business is the vehicle, and you need to have enough money to maintain the expenses like petrol or vehicle servicing.

Startup ecosystem of Bihar
The state government of Bihar is wholly determined to strengthen its infrastructure and promote industrial growth in Bihar to build a robust startup ecosystem. The government is taking significant strides and is committed to improving the competitiveness of the state’s economy so that it can achieve inclusive growth for startups.
For building a strong and entrepreneurship-friendly startup ecosystem in Bihar, the government of Bihar is committed to its ‘Startup India’ initiative, where the government will make policies that will enable Bihar as the most preferred destination for startups. The main target of startup India is to promote entrepreneurship by leveraging the potential of local youth through a conducive startup ecosystem.

Introduction of the MCA V3 portal in Patna, Bihar

The Ministry of Corporate Affairs announced the latest portal MCA V3 on 26.04.2022 which was primarily focused on offering LLP-related services in the beginning and to be later shifted for Company related services when notified. As per the latest notifications on the MCA portal in Patna, Bihar, the MCA V3 portal will be released on 31st Aug 2022 from 12:00 AM onwards.

Login & Registration in Patna, Bihar

It is to be noted that the users who are pre-registered in the MCA21 V2 shall not be required to re-register themselves or any business organization. In case, the user tries to re-register despite registration on the MCA V2 portal, the system will auto-detect the email id given as a duplicate id.

However, where the user creates a user id with a new email id that was not in the MCA21 V2 portal, he will be able to create a new user id.

Login as a New User on the MCA V3 portal in Patna, Bihar– New User refers to a person who does not possess an existing user account in the pre-existing MCA 21 V2 portal. Thus, a ‘New User’ will be undertaking registration afresh on the MCA portal. If the user is new to the MCA 21 system in Patna, Bihar, he could register himself as either a ‘Registered User’ or ‘Business user’.

Steps of Registration in Patna, Bihar

1. Firstly go to the MCA portal by logging in (mca.gov.in) and click ‘Sign Up’ and further ‘Register’.
2. After Clicking on the Register button will take you to the Registration page.
3. Choose the preferred User category & user role as required.
4. Fill in the prescribed details such as Name, Address, details of Communication, etc.
5. Create a user id and a strong password with a hint question & answer for password recovery and click ‘Create my profile.
6. Now you can log in using your credentials after you receive confirmation through an e-mail / SMS on successful registration

Professional User Login in Patna, Bihar

i. Please select ‘Business User’ under User Category and select ‘Professional’ as User Role. PAN is mandatory for Professional Users.

ii. Provide First Name, Middle Name & Last Name as in PAN database Date of Birth should match with PAN database.

iii. Fill in details related to address along with pin code and details of communication.

iv. Now, create a strong password for login purposes along with a hint question & answer for remembering the password.

v. Lastly, you will be required to select whether, you wish to avail of SMS alert services for new updates on form filling, accounts details related updates, MCA updates, etc.

vi. Finally, click, create my account.

Director/Designated Partner User Registration in Patna, Bihar

i. For the purposes of registration of Director or Designated Partner on the MCA V3 portal in Patna, Bihar, it is not necessary to submit PAN details, instead, DIN/DPIN must be mentioned compulsorily.

Click Director/Designated Partner under User type on the registration page.

ii. Fill in details such as First Name, Middle Name & Last Name in the CAPITAL LETTERS of the applicant director, which should match with the name registered in the MCA database.

iii. Details of communication such as the mobile number and email address of the applicant director will be the pre-filled (non-editable) basis from the MCA database for Directors/DP.

iv. Please provide a Password and Hint Question and Answer. Hint Question will be helpful when the User forgets the Password and applies for Password recovery.

v. Finally, click ‘Create My Account to complete the process.

Information to be provided for the purposes of Registration in Patna, Bihar

Under MCA 21 V3 portal in Patna, Bihar, the user will be required to hold the following information/documents which will vary slightly depending on the type of the user. While some information is generic and needed to be fulfilled by every type of user, there are certain requirements for certain users, a few of which have been provided below-

• Details of Communication i.e. Email Address/Contact Number/Registered business address in case of Business users.
• While PAN is non-mandatory for registered users but compulsory for business users.
• It shall be compulsory for the users to provide CIN /LLPIN /FLLPIN / FCRN details by Company/LLP User.
• Director/Designated Partner must submit their DIN / DPIN
• Only general information is required from the Manager/Secretary/Authorized Representative of a business organization.
• Only general information is required from Officer in Default.
• Every professional user must submit his/her Professional Membership Number with Professional Institute respectively.

Types of Users under the MCA V3 Portal in Patna, Bihar

Registered Users in Patna, Bihar– Registered users comprise any individuals. Registered users comprise individuals with access to the basic services of the MCA portal such as e-books, e-consultation, Master Data Services, View Public Document services, and filing of complaints.

Business Users in Patna, Bihar–A business user can be any of the following and they can access and file all the forms. Though there are no changes in the naming of the Business users between MCA 21V2 and MCA V3, the name of ‘Practicing Professional’ in the MCA V2 portal has been changed to “Professional User” in V3. Following are the sub-types of business users-

i. Master Role for any company/LLP. This user account will have access to all MCA FO services concerning the respective Company/LLP. This user can also authorize the Manager/Secretary/officer in default/ Authorised Representative to act on its behalf. Additionally, all the primary services available to the registered user will be available to such users.

ii. Director/Designated Partner– Any individual who is appointed as a Director in a company or a designated partner in an LLP. These users would be allowed for the following functionalities-

• Access to all primary services as are available to a registered user.
• Access to all MCA FO services (including e-filing services and e-adjudication services) in relation to the company/LLP where they are currently appointed
• Right to authorize Manager/Secretary/officer in default/Authorised Representative to access MCA FO services (e-filing and e-adjudication services) on behalf of the company/LLP

iii. Professional Users-This category comprises professionals which are Company Secretary, Chartered Accountants, or Cost Accountants. They will be able to access all MCA FO services for any company/LLP. Professional users will not be required to obtain any authorization from the company/LLP. Similar to other business users, professional users shall also be allowed access to basic services as any registered user.

iv. Manager/Secretary/Authorized representative-These users will have access to all MCA FO services (including e-filing services and e-consultation services), in relation to the company/LLP wherein they have been authorized to perform such services. Additionally, all the primary services available to the registered user will be available to such users.

v. Officer-in-default-Section 2(60) of the Companies Act, 2013 defines officer in default. The officer-in-default will have rights similar to a Manager/Secretary/Authorized representative once authorized in this regard. In addition, they would also be able to view/reply to notices linked with their PAN (under the e-adjudication module) irrespective of their association with the company/LLP.

vi. Nodal Officer-IEPF-These include the Director or Chief Financial Officer or Company Secretary of the company, who are appointed for the purposes of verification of claims and coordination with the Investor Education and Protection Fund Authority. Additionally, all the primary services available to the registered user will be available to such users.

vii. Deputy Nodal Officer-IEPF- A company may appoint one or more Officers as Deputy Nodal Officers to assist the Nodal Officer for the purposes of verification of claim and coordination with the Investor Education and Protection Fund Authority. Additionally, all the primary services available to the registered user will be available to such users.

viii. Professional Staff Member-Professional Staff Member refers to any person who is with or on behalf of a Professional of ICSI/ICAI/ICWAI as a staff. Such members will also include-

• Trainees Of The Professional Firms
• Non-Professional Members of Professional Firms etc.

Changes in the Company Forms in Patna, Bihar

In our continuous endeavor to serve better, the Ministry of Corporate Affairs is launching the first set of Company Forms on the MCA21 V3 portal. From 31^st August 2022 onwards, the list of nine company forms mentioned below will be rolled out under the MCA V3 portal with proposed enhancements. The list includes-

Associate DSC in Patna, Bihar

Associating the DSC is a process by which a DSC (or a unique signature) is mapped to a user id. It is required to fill out forms & submitted them online rather than submitting them in physical mode.

Pre-Requisites for Associate DSC in Patna, Bihar

• You can associate your DSC only as a Business user in MCA V3.
• Download and run emsigner
• Download and run embridge
• Change PIN of the DSC (for first time association under this service)
• The latest version of emBridge should be installed in the user’s system for DSC to work and embridge Client should be running in the background.
• The DSC user must be either of Class 2 or higher Class for Associate DSC Service

The process to Associate DSC in Patna, Bihar

• Log on to the MCA21 portal and login through credentials.
• Click MCA services, go to FO LLP/COMPANY services and then select Associate DSC. Following this, a pop-up screen will appear.
• The first dropdown will contain the DSC token options, while the second dropdown will auto-populate the name of the DSC holder.

• In the third field, the user will be required to feed the latest PIN/ Password of the DSC.
• Please select the Proxy key token appearing as the first option in the dropdown. In case there is more than one token key inserted at one time, please select the required token.

• The name of the person will appear in the second dropdown to see if the correct token is selected or not.
• Verify the same and a message will appear on the screen which will confirm the association of DSC with PAN & DIN.

Difference between MCA V2 vs MCAV3 in Patna, Bihar

• In the MCA21 V2 in Patna, Bihar, forms are required to be filled and uploaded in the portal while in V3 the forms are to be filled & submitted online. It affords the user convenience to save a partially filled form & file it later as per user choice.
• Under MCA V2 in Patna, Bihar, there was only a My Workspace that contained a list of MCA notices & circulars issued by them. On the other hand, the latest V3 version contains a personalized “My Application” feature that allows the user to view all the forms filled, their status & reports to the date along with any form pending for DSC upload, under processing, pay fees, etc.
• Under the V2 portal in Patna, Bihar, the login happens through the user id, whereas under the V3 portal the login is through the email id.
• When a business user logs in to the MCA system, an OTP will be sent to your mobile and email address to ensure the authenticity of the user.

Who can upgrade to Business User in Patna, Bihar?

Any Registered User on the MCA V3 portal could upgrade himself to a Business User. For which he will have to choose any of the suitable categories during the process of registering/upgrading-

• Company/LLP
• Director/Designated Partner
• Manager/Secretary/Authorized Representative
• Officer in Default
• Professional

Once the user does log in using his credentials, he could update his profile under the Profile Update section which can be accessed through the selection of the ‘Profile Update’ option.

Things to be kept in Mind about MCA V3 Portal in Patna, Bihar

i. It is to be noted by the users during registration in Patna, Bihar-

• First Name, Middle Name, and Last name should be matched with the PAN records.
• In the case of Directors/ Designated Partners registration, it is mandatory to mention the DIN number while PAN is optional.
• When a registered user upgrades himself as a business user, the system authenticates the username and Date of Birth as per the user’s PAN details as per the PAN database. Thus, the user should ensure the details match with the PAN database.

ii. In the interest of the stakeholders, it is to be noted that the upcoming launch of nine company forms in the MCA V3 portal, and LLPV3 portal will not be available from 27th Aug (midnight) to 28th Aug (11:59 PM), while MCAV2 Portal for company filing will remain available.

iii. The stakeholders shall also be required to log in to the new MCA V3 portal with their existing MCA V2 user ID and password and then upgrade themselves as Business user. On upgradation, the email id of the pre-existing MCA V2 account will automatically become the login ID for V3 and the password will stay the same but could be changed if required.

To ensure better implementation of the new company forms on the MCA 21 V3 portal Patna, Bihar, it is to be noted that-

• For the above mentioned nine company forms, the e-filling has been disabled from 15th Aug 2022 onwards.
• Stakeholders have been advised to ensure that there are no service request numbers in Pending payment and Resubmission status on V2 Portal.
• Offline payments for the above-mentioned nine forms through the Pay later option in the V2 portal have been disabled from  07th Aug 2022. However, payments could be made online mode (Credit/Debit Card and Net Banking).

Conclusion of MCA V3 Portal in Patna, Bihar

Therefore, the MCA V3 portal in Patna, Bihar is a commendable effort on the part of the Government that will help businesses to manage their business compliances, view the status of their fillings & adequately track their records. Professionals who already have a long list of compliances to manage & track will be able to save their time & energy with the help of the new MCAV3 portal. This step will definitely take India a notch higher in the Ease of Doing Business world ranking and serve as a huge motivation for entrepreneurs in the country.