TaxTMI 
TaxTMI 
TaxTMI 
New Company Bill to give more power to RoC
X X X X Extracts X X X X
X X X X Extracts X X X X
....ew Company Bill to give more power to RoC <br>News and Press Release<br>Dated:- 31-10-2010<br><BR>New Delhi, Oct 31 (PTI) The new Companies Bill is likely to give more powers to the Registrar of Compa....
X X X X Extracts X X X X
X X X X Extracts X X X X
....nies (RoC) to monitor the end use of initial public offer (IPO) funds, a move that would require a 10-fold increase in the strength of the RoC. "The RoC would need around 15,000 people, if it were to....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... monitor the end-use of public issues as is being talked about," a finance ministry source said. The RoC, which is responsible for incorporation and keeping the record of over eight lakh companies, h....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ave a strength of about 1,500. In a meeting with the Parliamentary Standing Committee on Finance, which scanned the provisions of the Companies Bill 2009, the RoC officials have said that the manpowe....
X X X X Extracts X X X X
X X X X Extracts X X X X
....r strength of all regions need to be increased by at least 10-fold, sources said.<BR> News - Press release - PIB....