State whether the following statements are True or False.
1) MCA regulates the functioning of corporate sector as well as administers the Companies
Act.
Ans:- True
2) MCA has no supervisory authority over professional bodies like ICSI, ICAl, etc.
Ans:- False
3) ROC is concerned with registration of companies.
Ans:- True
4) On payment of fees, ROC allows the public to inspect certain documents filed with it.
Ans:- True
5) NCLT has jurisdiction over proceedings on matters of disputes arising under Companies
Act.
Ans:- True
6) NCLAT can hear appeals against order of NCLT.
Ans:- True
7) NCLAT may confirm, modify or reject the orders passed by the NCLT.
Ans:- True
8) SEBI protects the interest of investors in securities market.
Ans:- True
9) ROC is the regulator of securities market.
Ans:- False