The Course aims at providing knowledge of the Indian Companies Act, 1956, the regulatory framework governing the functioning of companies in India.
Definition, essential characteristics and classification of companies. Lifting of corporate veil.
• Public companies (Definition & characteristics)
• Private companies (Definition & characteristics)
• Government companies (Definition only)
• Foreign companies (Definition only)
Privileges and concessions to private companies
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
Memorandum of association, Articles of association, prospectus, Statement in lieu of prospectus
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)
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
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