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The Companies Act, 2019, just took its place in order to modernize the law and make it more applicable to Indian businesses, regulators, and stakeholders. The Offices of the Registrar of Companies, Official Liquidators, Public Trustee, Company Law Board, Director of Inspection, etc., as well as the Ministry of Corporate Affairs. are responsible for administering this Act on behalf of the Government of India. The Registrar of Corporations (ROC) is responsible for the creation of new corporations and the management of operating businesses.