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

Classification of companies.(as per Companies Act 2013) • Public company • Private company(Definition, characteristics, Privileges and concessions to private companies (as per Companies Act, 2013) • 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 (as per the Companies Act,2013)