ROC

MCA notification – Applicability of Regulation 17(6) in processing the work items

Circular No. 10/2013 No. MCA21/37/2013 Government of India Ministry of Corporate Affairs 5th Floor, "A" Wing, Shastri Bhawan Dr. R. P. Road, New Delhi - 110001 Dated: 08.05.2013  To, All the Regional Directors, All the Registrar of Companies Sub: Applicability of Regulation 17(6) in processing the work items. Sir, I am directed to convey, with… Read More

Tags: Competent authorityGovernment of IndiaIndiaNew DelhiRegistrar of CompaniesRegulationRegulation 17ROC

Registrar of Companies and Regional Directors to get more powers

Ministry of corporate affairs (MCA) is set to give more powers to the Executive for conducting investigations by eliminating the need to seek multiple approvals before launching prosecution against defaulting companies. MCA is delegating a large part of investigation-related work to Regional Directors, encouraging the use of emails and stepping up hiring at its field… Read More

Tags: regional directorROC

ROCs to check for diversion of IPO funds

To check the misuse of funds raised by Companies via IPOs, the Ministry of Corporate Affairs has directed the Registrar of Companies (RoCs) to check for diversion of IPO funds while performing scrutiny of their annual accounts. MCA has asked ROCs to check for fund diversions by companies from the objectives stated in the prospectus with a… Read More

Tags: Registrar of CompaniesROC

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