Articles by Ajay Mishra

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

Posted by Ajay Mishra 22 April 2021 29780392 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.

Short Note on Chairman of the Company

Posted by Ajay Mishra 30 January 2021 206623 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

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 70689 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 280245 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 34897 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