Question

1.2 Frame work for company law administration
The Constitution of India vests the administration of company
law in the Central Government. Companies Act 2013 is the principal
legislation dealing with administration of companies. Along with
Companies Act, there are other legislations like Securities and
Exchange Board of India Act, 1992, The Securities Contracts
(Regulation Act) 1956, The Depositories Act, 1996 etc., which are
relevant in the administration of Companies.
Most of the powers vested in the Central Government is exercised
by the Ministry of Corporate Affairs. In the case of listed companies,
Securities and Exchange Board of India exercises substantial powers.
Powers under the Companies Act are also exercised by the Registrar
of Companies, and Regional Directors, in their respective areas of
jurisdiction.
The Companies Act 2013 vests substantial powers with two
tribunals in matters of a civil nature connected with companies. They
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