ROC SEARCH REPORT SERVICES IN AHMEDABAD

ROC:
Registrar of Companies (ROC) is an association which functions under the Ministry of Corporate Affairs and is established in various states of India for the purpose of registering companies in the respective states.

It is appointed under Section 609 of The Companies Act (2013), and it holds all the documents of any company registered with it. These documents are available for public to inspect.

ROC search Report services provided at K M Gatecha & Co LLP:

• Background check of company,
• Payment of fees to ROC,
• Online/offline document collection,
• Scrutiny of all documents,
• Collecting all information according to the purpose of ROC search Report required by Client,
• Analysing the details collected,
• Preparation of ROC search Report.

ROC Search Report:

• ROC Search Report is a report prepare by a practicing CA, CS or Advocate after inspection of all the documents of the company which are present with the ROC.
• It a report for the shareholders and banks for the details of the company,
• Banks require the search report of the company to grant loans. This step is to safeguard the bank from probable defaults,
• Helps stakeholders in making decisions regarding investment, control or entering contract with a certain company.

Contents of ROC Search Report:

• Name of company,
• Date of incorporation,
• CIN,
• Capital structure,
• Registered offices,
• Details of company Directors,
• Details of shareholders,
• Registered charges details.

Process of ROC search Report:

• Payment of fees to MCA,
• Downloading relevant documents,
• Preparation of search report,
• Application of certified copies.

Important points regarding availability of Documents from ROC:

• If documents are to be scrutinized offline then payment of fees to ROC must be done before hand,
• The challan of the fees paid must be carried along when any individual of CA goes for accessing documents,
• In case of online the fees must be paid on the portal then the documents will be available to view on website,
• The points that are to be noted can only be noted in pencil and not pens,
• The documents will be available to be viewed for 1 week after payment of fees,
• The documents cannot be viewed for more that 3 hours in one sitting or session.

Uses of ROC Search Report:

• Bank ask for ROC search report to assess the company before granting loans. Through ROC Search Report the Banks can know about defaulting companies/directors, assets and liabilities, shareholders and mortgage status.
• For Shareholders to know the status of company and their shares (transfers and current holdings).
• For any individual who is looking to be a director of the company can know before hand the details about the company in which he is to be director.