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Articles by Ajay Mishra

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Independent director under Companies Act 2013

  Ajay Mishra    17 September 2013 at 18:04

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

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Posted in Corporate Law  7 comments |   122643 Views


Note on Forfeiture of Shares - Part II

  Ajay Mishra    10 September 2013 at 11:42

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

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Posted in Corporate Law  4 comments |   68280 Views


Note on Forfeiture of Shares - Part I

  Ajay Mishra    04 September 2013 at 12:46

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

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Posted in Corporate Law  2 comments |   62664 Views


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

  Ajay Mishra    26 August 2013 at 13:46

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.

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Posted in Corporate Law  13 comments |   271284 Views


Short Note on Joint Venture in India

  Ajay Mishra    25 July 2013 at 13:12

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

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Posted in Corporate Law  5 comments |   93735 Views


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

  Ajay Mishra    03 July 2013 at 12:10

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

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Posted in Corporate Law  2 comments |   22344 Views


Participation by Directors in meeting through Electronic Mode

  Ajay Mishra    17 June 2013 at 11:56

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

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Posted in Corporate Law  1 comments |   11592 Views


Procedural Checklist for effecting transfer of shares of the Company

  Ajay Mishra    21 February 2013 at 11:29

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

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Posted in Corporate Law  2 comments |   32289 Views


Note on Conversion of Partnership Firm into a Limited Company

  Ajay Mishra    17 January 2013 at 13:36

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

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Posted in Corporate Law  5 comments |   84045 Views


Short Note on Rejection of Draft Offer Documents

  Ajay Mishra    29 December 2012 at 13:03

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

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Posted in Shares & Stock  1 comments |   10404 Views