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Central Scrutiny Centre (CSC); IEPFA Mobile App 

  • IASbaba
  • March 26, 2021
  • 0
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Central Scrutiny Centre (CSC); IEPFA Mobile App 

Part of: GS Prelims and GS – III – Economy 

In news

  • Central Scrutiny Centre (CSC) and Investor Education and Protection Fund Authority’s (IEPFA) Mobile App were launched recently. 
  • Ministry: Ministry for Corporate Affairs (MCA) 

Important value additions 

Central Scrutiny Centre (CSC)

  • To ensure that the data quality is uncompromised and free from flaws, CSC was launched. 
  • CSC will scrutinize certain Straight Through Process (STP) Forms filed by the corporates on the MCA21 registry and flag the companies for more in-depth scrutiny.

Investor Education and Protection Fund Authority’s (IEPFA) Mobile App

  • Aim: Achieving the goal of financial literacy, spreading investors’ awareness, education, and protection among investors.
  • It will have the facility of tracking the status and progress of the IEPF claim refund process.
  • It also provides a mechanism for investors and common citizens to report on the suspected fraudulent schemes

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