i. MCA regulates the functioning of the corporate sector as well as administers the Companies Act.
State whether the following statements are True or False:
i. MCA regulates the functioning of the corporate sector as well as administers the Companies Act.
ii. MCA has no supervisory authority over professional bodies like ICSI, ICAI, etc.
iii. ROC is concerned with the registration of companies.
iv. On payment of fees, ROC allows the public to inspect certain documents filed with it.
v. NCLT has jurisdiction over proceedings on matters of disputes arising under the Companies Act.
vi. NCLAT can hear appeals against the order of NCLT.
vii. NCLAT may confirm, modify or reject the orders passed by the NCLT.
viii. SEBI protects the interest of investors in the securities market.
ix. ROC is the regulator of the securities market.
1 Answers
i. True
ii. False
iii. True
iv. True
v. True
vi. True
vii. True
viii. True
ix. False