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Company Law
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):
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Course |
Learning Outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Paper Code |
Paper Title |
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FSG 313 |
Company Law |
CO93. Understand the fundamental concept and basic features of the Company form of Business in India CO94. Describe the Procedure and know-how’s of registering a Company in both Public as well as Private format in India CO95. Learn about the mandatory documents required for a valid company, such as Memorandum of Association, Articles of Association, Prospectus etc. CO96. Understand the Instruments of Finance Raising used by any Company such as Shares & Debentures and the basic provisions relating to them. CO97. Learn the modes and procedure of Winding Up of any Company. |
Approach in teaching: Class room Lecture (Theory/ Using Powerpoint Presentation) /Discussions using Leading Case laws/
Learning activities for Students: Role Play activities/ Moot Court/Group Discussions/ Class presentation |
Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.
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Company- Definition and essential characteristics. Lifting of corporate veil- under statutory provisions and under judicial interpretations.
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
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
Memorandum of Association (Definition, Clauses), Articles of Association
, Prospectus: 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
Membership in a company, difference between a member and shareholder, contributory (Definition), Winding up of Company
• 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 Book Company
• Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur
• Kuchhal, MC, Company Law and Secretarial Practice, Vikas Publishing House, New Delhi
• Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi
