Three tier administration of company Law Borad

(1) Central office with head office at New Delhi.
(2) Registrars of Companies in every State.
(3) Four regional offices at Mumbai, Kolkata, Chennai and Kanpur, headed by the Regional Directors. Registrar of Companies (ROC). There is a Registrar


of Companies almost in every State and companies within that State register themselves with the ROC in that State. The office of the ROC is a public
office and companies are required to file their documents and returns. The public is authorised to inspect such documents according to the provisions of
the Company Law. The Regional Directors and the Registrar of Companies function under the control of the Company Law Board.
Advisory Committee. Under Sec 410, the Central Government may appoint, by notification in the official Gazette, an Advisory Committee
consisting of such number of members not exceeding five, as may be notified. The function of the committee is to advise the Central Government on such


matters arising out of the administration of the Companies Act or referred to it by the Central Government or the Board.
Securities and Exchange Board of India. The Securities and Exchange Board ofIndia (SEBI) was set up by the SEBI Act 1992 in order to protect the
interest of innocent investors in securities. To achieve tlus objective the SEBI has issued 'Guidelines for Disclosure and Investor Protection' on 11th June
1992. It has issued guidelines for market intermediaries like stock brokers, registrar to an issue, merchant bankers and underwriters. New consolidated
guidelines for investors-Guidelines for Disclosure and Investor Protection lOOO-have also been issued by it.