Explain the following concept: Registrar of Companies (ROC)
Explain the following concept:
Registrar of Companies (ROC)
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The Registrar of Companies (ROC) is an office under the Ministry of Corporate Affairs (MCA) which deals with the administration of Companies and Limited Liability Partnerships in India.
- At present 22 Registrar of Companies is operating in all major states.
- States like Tamilnadu and Maharashtra have more than one ROC.
- ROC is a full-time field officer who has wide powers and responsibilities in administering the Companies Act.
- ROC has to examine various documents filed with it by the companies in compliance with the Companies Act, 2013.
- The ROC has to take decisions on documents filed with it and reply within 30 days from the date of filing the documents.
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