Functions and duties of Registrar

Functions and duties of Registrar

(1) It shall be the duty of the Registrar to implement this Act and carry out company administration.

(2) Without prejudice to the generality of Sub-section (1), the Registrar may frame and issue necessary directives for the implementation of this Act and the carrying out of company administration related functions in an effective or systematic manner: and it shall be the duty of each company and officer to abide by such directives.

(3) The directives issued pursuant to Sub-section (2) shall be published in such a manner that such directives are available to the general public.

(4) The Registrar may, as per necessity, delegate any of the powers conferred to him/ her under this Act to any officer employee subordinate to him.

(5) Notwithstanding anything contained elsewhere in this Section, nothing in this Section shall be deemed to limit the direction given by any regulatory body to a company under the prevailing law or the authority to be exercised by that body in respect of such company under the prevailing law.