CA Foundation · Business Laws · Indian Regulatory Framework
Anita and her friends want to incorporate a new private company in Pune. Under the Companies Act, 2013, with which authority will the application for incorporation be filed, and which ministry administers the Act?
Incorporation applications are filed with the Registrar of Companies of the relevant state, and the Companies Act, 2013 is administered by the Ministry of Corporate Affairs. SEBI, RBI and CCI have different regulatory roles and do not register companies.
- ARegistrar of Companies; Ministry of Corporate AffairsCorrect
- BSEBI; Ministry of Finance
- CReserve Bank of India; Ministry of Law and Justice
- DCompetition Commission of India; Ministry of Commerce
Explanation
Incorporation documents are filed with the Registrar of Companies having jurisdiction over the state of the registered office. The Companies Act, 2013 is administered by the Ministry of Corporate Affairs. SEBI regulates securities markets, not incorporation.
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