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What is ROC and ROC full form?
ROC FULL FORM
The Full Form Of ROC is “REGISTRAR OF COMPANIES“.
ROC Full Form In Hindi
The full form of ROC In Hindi is “कंपनियों के रजिस्ट्रार“.
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What Is ROC?
Friends, India is a developing country where new companies are opened every day. In such a situation, there is a need for an organization that takes the responsibility of regulating and managing all types of companies.
ROC (REGISTRAR OF COMPANIES) is one such official agency that handles the responsibility of exchange and management of companies incorporated under the Companies Act 1956 and the Companies Act 2013. At present, there is 25 Registrar of Companies (ROC) working in all the major states or union territories.
What Is ROC Meaning?
REGISTRAR OF COMPANIES (ROC) is an office under the Ministry of Corporate Affairs (MCA), that deals with the registration of companies and limited liability partnerships.
The ROC has to ensure that companies are registered as per specified standards and that the information provided by them is correctly recorded. Thus the Registrar Of Companies (ROC) maintains a registry of records relating to all the companies that are registered with them and transmit this information to the general public on payment of a prescribed fee.
What is the Responsibility Of ROC?
ROC performs the following functions.
1. ROC registers the companies operating in the country. Apart from this, if there is an improvement in the name of a registered company or any information related to them, then this work is also done by ROC.
2. Once the company comes into existence, the existence of that company will be considered to end only when the name of that company is removed from the company’s register i.e. ROC. Thus ROC is the conclusive proof of the existence and annulment of any company.
3. If the ROC feels that a company has obtained a Certificate of Incorporation by giving false information or by covering up the facts, then the ROC itself can file a petition for the winding-up of such companies.
4. It also keeps up to date on the annual filing of documents in addition to regulation and reporting of companies and their shareholders and directors.
ROC FAQs?
Are companies required to be registered by ROC?
Yes, registration of companies by ROC is necessary because different types of companies come into the market which should have some statutory importance. A Certificate of Incorporation is issued by the ROC for such companies.
What are the documents required for the Certificate of Incorporation?
The following documents are required to be submitted by the company to get this certificate of incorporation.
1. Memorandum Of Association (MOA)
2. Articles Of Association (AOA)
3. Pre-Incorporation Agreement for Appointment of Directors/Managing Directors
4. Confirmation of declaration by an authorized person that the requirements relating to registration have been complied with.
How does ROC issue a Certificate of Incorporation to a company?
After authenticating all the required documents, the ROC records the name of the company in the register of companies and issues a certificate of incorporation. In addition to this, the Registrar also issues the Certificate of Commencement of Business along with the Certificate of Incorporation.
How do know the details related to the ROC of a company?
You can get this information by visiting the website of the Ministry of Corporate Affairs. Here you will get important information related to the company like company name, company category, date of incorporation, registered address and details of all directors of the company etc.
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