New Delhi, Nov. 6 -- The ministry of corporate affairs has passed orders to roll out a revamped compliance and oversight system for companies and LLPs starting 1 January 2026-the biggest administrative shake-up in years-aimed at improving both ease of doing business as well as regulatory efficiency, a person with direct knowledge of the decision said. The shake-up will see the creation of six new registrars of companies (RoCs) - officers who monitor companies' compliance with the Companies Act and LLP Act-and three new regional directors (RDs), who oversee the work of RoCs. It has also redrawn jurisdictions across states to make regulation more local, responsive, and business-friendly. The move comes as India sees a surge in new entities-ne...