Company Law

Paper Code: 
COM 303
Credits: 
03
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

The objective of this course is to provide knowledge of the Indian Companies Act, the regulatory framework governing the functioning of companies in India

Course Outcome(COs):

Course

Learning Outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

ATG/BSG/BSR/FSG/FSM/HRG/IBG 313

Company Law
  1. Understand the fundamental concept  and basic features  of the Company form of Business in India
  2. Describe the Procedure and know-how’s  of registering a Company in both Public as well as Private format in India
  3. Learn about the mandatory documents required for a valid company, such as Memorandum of Association, Articles of Association, Prospectus etc.
  4. Understand the Instruments of Finance Raising used by any Company such as Shares & Debentures and the basic provisions relating to them.
  5.  Learn the modes and procedure of Winding Up of any Company.

Class room Lecture (Theory/ Using Powerpoint Presentation) /Discussions using Leading Case laws/

 

Role Play activities/ Moot Court/Group Discussions/ Class presentation 

Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.

 

 

9.00
Unit I: 
UNIT I

Company- Definition and essential characteristics. Lifting of corporate veil- under statutory provisions and under judicial interpretations.

9.00
Unit II: 
UNIT II

Classification of companies: Public company, Private company(Definition, characteristics,Privileges and concessions to private companies , One-person Company (Definition &Features), Dormant Company, Small Company , Government companies, Foreign companies Holding and subsidiary company

9.00
Unit III: 
UNIT III

Incorporation and formation of a company: Promoters-functions, duties and liabilities,Concepts of shares, Types of shares (Equity shares, Preference shares), debentures, Types of debentures

9.00
Unit IV: 
UNIT IV

Memorandum of Association: (Definition, Clauses), Articles of AssociationProspectus: Definition, Contents, Provisions regarding issue of Prospectus, kinds of Prospectus (Abridged Prospectus, Shelf Prospectus,Deemed Prospectus, Information Memorandum, Red-Herring Prospectus), Statement in lieu of prospectus

9.00
Unit V: 
UNIT V

Membership in a company,difference between a member and shareholder, contributory (Definition), Winding up of Company

Essential Readings: 

• Majumdar, A. K. and Kapoor, G. K., Student’s guide to Company Law, Taxmann Publications (P) Ltd., New Delhi
• Singh, Avtar, Indian Company Law, Eastern BookCompany
• Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur
• Kuchhal, MC, Company Law and Secretarial Practice, Vikas Publishing House, NewDelhi
• Krishnamurti, D.S.R., Company Law, Taxmann, NewDelhi

Academic Year: 
2017-2018
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