Articles by Ajay Mishra

Independent director under Companies Act 2013

Posted by Ajay Mishra 17 September 2013 125953 Views

An Independent Director (also sometimes known as a outside director or non-executive director) is a director (member) of a board of directors who does not have a material or pecuniary relationship wi

Note on Forfeiture of Shares - Part II

Posted by Ajay Mishra 10 September 2013 70686 Views

You have read the introductory and procedural part on Forfeiture of shares under my earlier article in Part I posted on this CCI club. In continuation on the above subject, Part II deal with Board Powe

Note on Forfeiture of Shares - Part I

Posted by Ajay Mishra 04 September 2013 65485 Views

Introduction To forfeit means to lose the right to, be deprived of; to lose or become liable to lose, as in consequence of fault or breach of promise or contract. It is a penalty for a breach of contrac

Appointment of Auditor under new Companies Bill, 2013 (Companies Act)

Posted by Ajay Mishra 26 August 2013 280244 Views

The appointment of auditor under new Companies Bill, 2013 has made major changes in appointment procedure and tenure of appointment in comparison to the Companies Act, 1956.

Short Note on Joint Venture in India

Posted by Ajay Mishra 25 July 2013 96477 Views

The Joint Venture (JV) represents a newly created business enterprise; its participants continue to exist as separate firms. A joint venture can be organized as a partnership firm, a corporation or any othe

Note on changes in companies (Acceptance of Deposits) Rules, 1975

Posted by Ajay Mishra 03 July 2013 23052 Views

NOTE ON CHANGES IN COMPANIES (ACCEPTANCE OF DEPOSITS) RULES, 1975 In March 21, 2013, Ministry of Corporate Affairs (MCA) has made amendments in provision of Rule 2 of the Companies (Acceptance of Deposits) Rules, 1975, by way of Notifications. T

Participation by Directors in meeting through Electronic Mode

Posted by Ajay Mishra 17 June 2013 12509 Views

The Ministry of Corporate Affairs has been receiving representation from various Industry bodies to recognize participation by directors in meetings of B

Procedural Checklist for effecting transfer of shares of the Company

Posted by Ajay Mishra 21 February 2013 34895 Views

INTRODUCTION The word 'transfer' is an act of the parties by which title to property is transferred from one person to another. Under Section 82 of the Companies Act, 1

Note on Conversion of Partnership Firm into a Limited Company

Posted by Ajay Mishra 17 January 2013 88188 Views

NOTE ON CONVERSION OF PARTNERSHIP FIRM INTO A LIMITED COMPANYINTRODUCTIONPartnership is a kind of organization, in which, few like-minded persons pool up their resources to form a partnership firm. Section 4 of the Partnership Act, 1932, defines part

Short Note on Rejection of Draft Offer Documents

Posted by Ajay Mishra 29 December 2012 11019 Views

INTRODUCTION The Securities and Exchange Board of India (SEBI) has vide General Order dated October 09, 2012 framework general criteria subject to which draft offer documents filed for issue of