Data accuracy and caveats

CorpIntel data is derived from public MCA master filings. It is a filing-trailing record, not a real-time operational record. A company marked "Active" may not be operating. A director listed as active may have resigned last month but not yet filed the DIR-12. A registered address may have been abandoned years ago. This page lays out the specific places where our data can diverge from reality, so you know where to verify independently.

Nothing on CorpIntel is a substitute for direct verification with the MCA, with the company itself, or through a qualified legal or financial advisor. If a decision depends on it, check it at the source.

Every change in a company's legal state — a director appointment, a capital increase, an address change, a strike-off — becomes visible in MCA master data only after the company files the corresponding form. Form DIR-12 for director changes must be filed within 30 days of the board resolution. Form MGT-7 (annual return) has a 60-day window after the AGM. Form SH-7 (capital changes) must be filed within 30 days of passing the resolution. Each of these represents a gap — often days to weeks — where the real world is ahead of MCA records.

Even after the filing is submitted, it takes the ROC additional time to process and reflect the change in the master data feed. Strike-off proceedings, in particular, can take months from initiation to the final published order.

• "Active" does not mean "operating". A company that has stopped all operations can remain Active for years as long as it continues (or even stops) filing annual returns. Eventually it will be flagged for strike-off, but the gap can be long.
• Director tables include historical directors. Every director record has a begin date and a cessation date. Our interface filters by active status but always cross-check the dates before treating someone as a current director.
• Registered addresses are often formation-era. Many small companies never update the registered office with MCA after their first lease change. The registered address is what has been filed, not necessarily where the team sits today.
• Capital reflects the last filed position. A recent fundraise may not yet appear. A capital reduction in process may not yet be reflected.
• Email and phone are often wrong. They reflect what the company secretary or auditor filed — sometimes their own office contact — and may not be valid contact channels for the company today.
• NIC industry codes can be pivot-stale. A tech company incorporated as an IT consultancy may now run an e-commerce business without updating the NIC code. Treat NIC as declared intent at formation, not current activity.

Rough windows between a real-world event and its appearance in our records:

• New company incorporation: 24–48 hours from CIN allotment.
• Director appointment (DIR-12 filed): 3–10 days from filing.
• Capital change (SH-7 filed): 3–10 days from filing.
• Address change: 3–10 days from filing.
• Strike-off initiation: depends on ROC; often weeks.
• Strike-off final order: months, sometimes longer.
• Annual return (MGT-7) filing: 60 days after AGM + ingest cadence.

These are our rough empirical windows. Actual lag depends on ROC-specific processing volume and any filing-side delays the company itself introduced.

• Not a credit bureau. We do not score companies for credit risk. Our lead score is a discovery-ranking heuristic, not a credit judgment.
• Not a legal verdict. Our editorial analysis — address-cluster patterns, network observations, sector trends — is analytical commentary, not a legal determination about any specific company.
• Not a regulator. CorpIntel has no regulatory authority. We surface public data; only MCA and the relevant courts can make binding determinations about company status.
• Not a real-time feed. Nothing on CorpIntel is live — records reflect the most recent public MCA data we have.

• Extending credit or supplier terms to a company.
• Entering into a commercial contract.
• Making an investment or acquisition decision.
• Bringing a legal action based on the status of a company or director.
• Filing a regulatory complaint.
• Hiring or firing decisions based on a director's history.

In every one of these cases, independently verify the specific facts you are relying on — ideally from the MCA master record directly (free at mca.gov.in), from the company itself, and from a qualified professional advisor.

We prioritise corrections. Our workflow and response time are on the corrections page. Email corrections@corpintel.io with the page URL and the specific field or claim that is wrong. We respond within two working days.

Per Section 5 of our Terms of Service, CorpIntel is provided on an "as is" basis. We make no warranty of accuracy, completeness, or fitness for purpose. Your use of the data is at your own risk and subject to the limitation of liability set out in the Terms.