Articles by Ajay Mishra

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

Ajay Mishra 05 December 2012 at 12:22

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

Ajay Mishra 29 November 2012 at 17:04

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

Ajay Mishra 23 November 2012 at 11:21

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

Ajay Mishra 17 October 2012 at 11:59

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

Ajay Mishra 15 October 2012 at 11:42

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

Ajay Mishra 09 October 2012 at 11:14

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)

Ajay Mishra 15 September 2012 at 12:59

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

Ajay Mishra 25 April 2012 at 11:48

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

Ajay Mishra 17 April 2012 at 11:27

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

Ajay Mishra 10 April 2012 at 11:20

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