Corporate Law

Paper Code: 
FSI 313
Objective: 

The Course aims at providing knowledge of the Indian Companies Act, 1956, the regulatory framework governing the functioning of companies in India.

9.00
Unit I: 

Definition, essential characteristics and classification of companies. Lifting of corporate veil

9.00
Unit II: 

• Public companies (Definition & characteristics)
• Private companies (Definition & characteristics)
• Government companies (Definition only)
• Foreign companies (Definition only)
Privileges and concessions to private companies

9.00
Unit III: 

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

7.00
Unit IV: 

Memorandum of association, Articles of association, prospectus, Statement in lieu of prospectus

11.00
Unit V: 

Membership in a company, difference between a member and shareholder, contributory (Definition),
Winding up of Company (Voluntary, Under Court’s Supervision, Compulsory by the Court)

Essential Readings: 

1. Majumdar,A.K. and Kapoor, G. K., Student’s guide to Company Law, Taxmann Publications (P) Ltd., New Delhi
2. Singh, Avtar, Indian Company Law, Eastern Book Company

References: 

1. Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur
2. Mathew, M.J., Company Law, RBSA Publishers, Jaipur
3. Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi, 2007

Academic Year: 
2018-2019
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