Treds platform and mca

State full facts to get proper reply.your  Question contains many abbreviations and thus write their full form. 

 To answer your question: *Prior Approval of Lending Bank* -

Generally, prior approval from the lending bank is not explicitly required for onboarding on the TReDS platform.

However, the specific requirements may vary depending on the platform and the lender.

 *Reporting to MCA* - The TReDS platform itself doesn't directly require reporting to the Ministry of Corporate Affairs (MCA).

However, corporates with a turnover of ₹250 crores or more are mandated to comply with the MSME Act, which includes paying MSME suppliers within 45 days.

The TReDS platform helps corporates comply with this requirement.

 *Onboarding Process* - The onboarding process typically involves: - *Registration*: Registering with a TReDS platform, such as M1xchange. -

*Documentation*: Providing necessary documentation, such as invoices and buyer details. -

*Verification*: Verifying the authenticity of invoices and buyer acceptance. It's recommended to consult with a financial advisor or a legal expert to understand the specific requirements and implications of onboarding on the TReDS platform for your business.

Neither facts nor query is clear.