India is a country where every third person runs their own business, which is why it is necessary to have accurate business information. The main reason businesses are so popular in India is the ease of operations and limited liability protection.
All these companies have a certain extent of privacy to their owners. However, various stakeholders such as partners, potential investors, and regulatory authorities need specific business information about these companies.
The regulatory structure in India luckily requires transparency, making it possible for interested parties to learn more about private limited companies. In this blog, you will come across the process of obtaining information about private limited companies in India.
Let’s get right into it!
How To Obtain Business Information Of Private Limited Companies In India?
1. Ministry of Corporate Affairs (MCA) Website: The Epicenter of Business Information
In India, MCA, known as the Ministry of Corporate Affairs — is the principal body responsible for regulating corporate operations. This MCA portal maintains an extensive database with a plethora of information about registered companies, including private limited companies. Below are the steps you need to follow to access the business information through the MCA portal:
Step 1: Go to the MCA website i.e. www.mca.gov.in.
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Step 2: Go to the ‘MCA Services’ section and select ‘View Company/LLP Master Data.’
Step 3: Type in the company name or the Corporate Identification Number (CIN). The CIN is the most accurate way to search if you have it.
Step 4: Check the master data for the company, which contains information about its registered office, directors, capital structure, shareholders, and more.
2. Company’s Official Website: An Optimum Source To Find Company Details
Private limited companies tend to have their own official websites where they provide further information regarding their business operations, services, products, and financial reports. You can get a greater understanding of a company’s operations and goals by going to its official website.
3. Subscription-Based Databases: Enhanced Access
There are a number of private businesses that aggregate data from numerous sources, including official government databases, and provide subscription-based access to an interface that is more user-friendly. For in-depth research, these databases frequently offer advanced search capabilities and customizable reports.
