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    <title>Power of ROCs to obtain declaration/ affidavits from subscribers/first directors at the time of incorporation</title>
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    <description>Registrar of Companies may obtain declarations or affidavits from subscribers/first directors at incorporation and from directors on change of objects that the company and its directors shall not accept deposits unless applicable provisions of the Companies Act, the RBI Act and the SEBI Act and related rules, directions and regulations are complied with and filed with the concerned authorities.</description>
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      <description>Registrar of Companies may obtain declarations or affidavits from subscribers/first directors at incorporation and from directors on change of objects that the company and its directors shall not accept deposits unless applicable provisions of the Companies Act, the RBI Act and the SEBI Act and related rules, directions and regulations are complied with and filed with the concerned authorities.</description>
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