Ajay Mishra's Expert Profile

Queries Replied : 19473

About me

I am Company Secretary and Compliance Officer of Company doing business in Media Sector and FM Radio. I am dealing with all works relating to Secretarial and work relating to Ministry of Information and Broadcasting (MIB).

Gurpurb Dee Lakh Lakh Wadai !!

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ARTICLES:

1. Procedure for Appointment of Cost Auditors

2. Procedure for Issue of FCEBs

3. Short Note on Issue of FCEBs

4. Note on Foreign Direct Investment (FDI)

5. Procedure for Conversion of Name from Private to Public (Status Change)

6. Disqualifications of Director under Section 274(1)(g)

7. Foreign Exchange Manage Act, 1999_ Basic Understanding

FILES:

1. Articles on Issue of FCEBs

2. Procedure for Change of Name (Status Change)

3. Resolution Passed By Circulation

4. Budget 2012-13

5. Issue of Bonus Shares

6. Procedure for Conducting Statutory Meeting

7. Procedure for insertion of new object clause

8. Procedure for Increase in Number of Directors

9. Public Deposit

10. Yoga Guideline

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Award & Honors:

SWEETY SUKHANI says : Related to Articleship Registration
Sir, is it compulsory to send form 112 along with form 103.

Ajay Mishra says : Nominee Director
Hi Kasturi No circular on this, so i am unable to prove you but, nominee appointed by foreign entity will be govern by your article or loan facility agreement.

kasturi says :
Hi my article says that investor (foreign capital) nominee be non retiring director but we have already have 2 directors as non retiring director

kasturi says : corporate law
thanks for your reply on nominee director But whether nominee director appointed by foreign venture capital fund liable to retire by rotation and whether section 255 will be applicable while counting total number of directors.? if you quote any case law or article on this it would be great help full for me to argue that section 255 is not applicable to nominee director even appointed by foreign venture capital fund investor. sir as in our company there are total 6 directors and 1 nominee director.already 2 directors have been appointed as non retiring director and investor also appointed one director as their nominee.Now total non retiring director would be 3 which is utter violation of section 255 as 1/3 rd of total directors is 2.11. I believe that companies act is not applicable to nominee director.sugest me any case law that nominee director appointed by foreign venture capital fund should be non retiring director irrespective of violaion of section 255. pls reply at the earliest.