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<h1>Registrar of Companies oversight of IPO fund end use may require major staffing expansion to enforce new monitoring powers.</h1> The Companies Bill proposes empowering the Registrar of Companies to monitor the end use of IPO proceeds, expanding RoC functions beyond incorporation and recordkeeping to active compliance verification; RoC officials told the Parliamentary Standing Committee that operationalizing such monitoring would require a substantial increase in regional manpower and resources, given the current cadre responsible for records of over eight hundred thousand companies.