Our Regulator for today is the The Office of the Registrar of Companies (“ORC”). The ORC was established by the Companies Act 2019 (“Act 992”) and is responsible for the following functions:
- registering business names in accordance with the Registration of Business Names Act, 1962 (Act 151);
- registering companies such as private companies, public companies and external companies;
- registering partnerships in accordance with the Incorporated Private Partnerships Act, 1962 (Act 152);
- registering professional bodies pursuant to the Professional Bodies Registration Act, 1973 (N.R.C.D. 147), other than professional bodies established by an Act of Parliament;
- appointing inspectors, receivers or managers for insolvency proceedings; and
- discharging duties and performing functions of the Official Liquidator in accordance with the Bodies Corporate (Official Liquidations) Act, 1963 (Act 180).
