Articles by Ajay Mishra

Closure of Register of Members / Debentureholders/Book Closure/Record Date

Posted by Ajay Mishra 05 December 2012 29780365 Views

Section 154 of the Companies Act, 1956 deals with the closure of register of members or debenture holders but the section does not elaborate the object and purpose of such closure.

Proceduration for Formation and Registration of Producer Company

Posted by Ajay Mishra 29 November 2012 89791 Views

INTRODUCTION The Government of India through an amendment in the Companies Act, 1956 by the Companies (Amendment) Act, 2002 incorporating a new part IXA dealing with Producer Comp

Short Note on Chairman of the Company

Posted by Ajay Mishra 23 November 2012 206592 Views

INTRODUCTION The term Chairman/Chairperson is not defined under the Companies Act, 1956. The Chairman is a necessary element of company meeting and is usually appointed by the articles of the

Notes on Amendments in provisions applicable to directors in last two years

Posted by Ajay Mishra 17 October 2012 44868 Views

In last two years, Ministry of Corporate Affairs (MCA) has made many amendments/changes in provisions relating to directors of the company under the Companies Act, 1956

Short Note on Financial Analysis and Planning

Posted by Ajay Mishra 15 October 2012 33978 Views

The basis of financial analysis, planning and decision making is financial information. A firm prepares final accounts viz. Balance Sheet and Profit and Loss Account providing information for decision

Note on Sale of Shares held by promoters through the secondary market

Posted by Ajay Mishra 09 October 2012 32356 Views

INTRODUCTION The Rule 19(2) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 deal with the maintaining minimum public shareholding of 25%. The Ministry of Fin

Short Note on Non-Profit making company (Sec 25 Company)

Posted by Ajay Mishra 15 September 2012 66190 Views

WHAT IS A NON-PROFIT MAKING COMPANY Any association desirous of being incorporated as a company with limited liability, without the additi

Foreign Exchange Management Act, 1999 (FEMA): Basic Understanding

Posted by Ajay Mishra 25 April 2012 392002 Views

INTRODUCTION A system of exchange control was first time introduced through a series of rules under the Defense of India Act, 1939 on temporary basis. The foreign crises persist

A Note on Disqualification of a Director under section 274 (1) (G) of the Companies Act, 1956

Posted by Ajay Mishra 17 April 2012 130637 Views

PURPOSE OF THE DISQUALIFICATION The Department of Company Affairs vide its General Circular No. 2/5/2001-CL.V, clarifies that the provisions of section

Note on Revised Schedule VI: Shareholders' Funds

Posted by Ajay Mishra 10 April 2012 77031 Views

The Ministry of Corporate Affairs (MCA) has prescribed a revised Schedule VI to the Companies Act, 1956 vide Notification dated 28.02.2011 which is applicable fo