CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
24
You visited us 24 times! Enjoying our articles? Unlock Full Access!
Question

State the following statement is True or False:

The Registrar of Companies is appointed by the State Government.

A
True
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
False
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B False
This statement is False, due to the following reason:
(i) The Registrar of companies is an officer appointed by the Central Government for each state.
(ii) He is being appointed to register, supervise and co-ordinate to the matter relating to the companies registered under the Companies Act,1956.
(iii) He has control over the various activities carried by the companies in his state.
(iv) The Registrar is a recognised statutory authority under the Companies Act.
(v) He has to see that companies,operate within the legal limits and comply to various legal formalities.
(vi) Every company has to submit certain documents with Registrar to obtain incorporation certificate and business commencement certificate.

Provisions relating to registrar are now dealt by the Companies Act ,2013.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Promotion
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon