MCA21 V3 PORTAL MIGRATION: FINAL PHASE OF DIGITAL TRANSFORMATION FOR COMPANY FILINGS

Migration from V2 to V3 Portal

Migration from V2 to V3 Portal

The Ministry of Corporate Affairs (MCA) is set to complete a landmark digital transformation with the launch of the final set of 38 revamped company forms on the MCA21 V3 portal, effective July 14, 2025.

This migration marks the full shift from the legacy V2 system to a modern, unified digital platform for all statutory company filings in India.

1.Key Highlights of the Migration:

Launch of 38 New Company Forms : The new set includes 13 annual filing forms and 6 audit/cost audit forms, covering a wide spectrum of compliance requirements such as financial statements, auditor reports, board reports, related party disclosures, NBFC filings, XBRL financials, annual returns, audit notifications, CSR reports, cost audit applications, and investor complaint forms. These forms are designed to streamline compliance, improve data quality, and align Indian corporate reporting with global best practices.

Discontinuation of V2 Portal: E-filings on the older MCA V2 portal will be disabled from June 18, 2025 (12:00 AM). All pending Service Request Numbers (SRNs) in V2 must be cleared—meaning payments must be completed and resubmissions finalized—before this cutoff. The "Pay Later" offline payment option on V2 was discontinued from June 8, 2025, requiring all payments to be made online via credit/debit card or net banking.

Pre-Migration Compliance Advisory: Stakeholders must review and resolve all pending SRNs,

especially those awaiting investor or subsidiary details, by June 17, 2025. Failure to do so will

result in SRNs being marked as "Not to be Resubmitted" (NTBR), potentially leading to noncompliance issues. Users are also advised to create or upgrade their user IDs and associate their Digital Signature Certificates (DSC) under the "Business user" category on the V3 portal.

Scheduled Downtime and No Waivers : The V3 portal will be unavailable from July 9, 2025 (12:00 AM) to July 13, 2025 (11:59 PM) for final migration and testing. There will be no fee waivers or deadline extensions for filings or resubmissions due during this downtime. Companies must ensure all V3 filings and resubmissions are completed before July 9, 2025.

Enhanced Features and Benefits: The V3 portal promises a significantly improved user

experience, including real-time processing, streamlined e-payments, advanced tracking tools, and expanded XBRL capabilities for standardized, machine-readable disclosures. The migration supports better compliance, transparency, and data analytics, aligning India’s regulatory environment with international digital reporting standards.

Action Points for Companies and Professionals:

• Complete all V2 filings and payments by June 17, 2025.

• Switch to online payments for any pending V2 forms (offline/pay-later options are no longer available).

• Upload all required investor and subsidiary details for pending SRNs by June 17, 2025.

• Upgrade/create V3 Business User IDs and associate DSCs well before the migration.

• Plan all annual and audit-related filings to avoid the V3 portal downtime (July 9–13, 2025).

• No waivers or extensions will be granted for missed deadlines during the transition period.

  
  

  Conclusion:

  The full-scale migration to the MCA21 V3 portal on July 14, 2025, is a transformative event for Indian corporate compliance. It brings modernized, efficient, and transparent digital processes for company filings, but also demands careful planning and prompt action from all stakeholders to ensure seamless compliance and avoid penalties. Companies and professionals must act swiftly to clear pending filings, adapt to the new system, and leverage the enhanced features of the V3 portal for ongoing statutory compliance.