Various unlisted companies are encountering business-related hurdles as the portal of Ministry of Corporate Affairs (MCA) has failed to resolve its technical glitches, reported The Economic Times (ET).
Market experts said several of these companies were already in violation of the filing rules due to their inability to submit certain forms, thanks to the portal issues.
MCA moved to a new version of the portal, V3, from V2 last year. This is the first major filing season after the move, when companies need to use the updated version of the portal.
Companies are facing a number of compliance-related issues after