https://www.taxtmi.com/news?id=3620 ROC functions as registrars/regulators under the Companies Act, 1956, while SFIO investigates serious financial irregularities and frauds in companies when entrusted by the Central Government. SFIO has no separate statutory powers under the Companies Act; the Central Government can appoint an Inspector to investigate serious frauds. There is no functional duplication justifying dissolution of SFIO, and no proposal exists to dissolve it. en-us Mon, 13 Aug 2012 18:36:51 +0530 Mon, 13 Aug 2012 18:36:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3620 ROC functions as registrars/regulators under the Companies Act, 1956, while SFIO investigates serious financial irregularities and frauds in companies when entrusted by the Central Government. SFIO has no separate statutory powers under the Companies Act; the Central Government can appoint an Inspector to investigate serious frauds. There is no functional duplication justifying dissolution of SFIO, and no proposal exists to dissolve it. News - Mon, 13 Aug 2012 18:36:51 +0530 https://www.taxtmi.com/news?id=3620