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What is the role of the Registrar of Companies (ROC)?

Posted by jobseeker Lavanya Bhardwaj | Approved
Answers (1)

The Registrar of Companies (ROC) plays a crucial role in regulating and administering company law matters under the Companies Act, 2013 in India. Operating under the Ministry of Corporate Affairs (MCA), the ROC is responsible for the registration and incorporation of companies and LLPs, ensuring that they comply with statutory requirements. It maintains a registry of records related to companies, such as financial statements, annual returns, and charges, making this information accessible to the public.

The ROC also has the authority to inspect company records, initiate inquiries, and take legal action in cases of non-compliance, fraud, or misconduct. Additionally, it oversees changes in company structure like mergers, name changes, and dissolutions. In essence, the ROC serves as the frontline regulatory authority ensuring corporate transparency, accountability, and legal compliance throughout a company’s lifecycle.

Answered by jobseeker Vipra | Approved

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