Course

Unit 1

Introduction to Company Meaning, Definition, and characteristics- Types and Formation of Company, Concept of Corporate Veil, Definitions and Key Concepts- Memorandum of Association and Articles of Association, Alteration of Memorandum of Association and Articles of Association, Doctrine of Constructive Notice; Doctrine of Indoor Management.

Unit 2

Shares and Share Capital: Meaning and types of Capital – Promotion, Promoter- functions- Position and liabilities of promoters-Formalities of issuing prospectus- Mode of acquiring membership – Rights and privileges of members and shareholders – Issue of Share certificates; Transfer and Transmission of securities; Buyback of securities; dematerialization and re- materialization of shares; Members and Shareholders – Register of Members; Declaration of Beneficial Interest; Rectification of Register of Members – Shareholders Democracy; Shareholder’s agreement, Subscription Agreements, Veto powers.

Unit 3

Director – appointment, qualification and types- Power and Functions, Duties and Liabilities – Company meetings: Kinds of meeting; Requisites of a Valid meeting; Notice; Agenda; Quorum; Resolutions; Minutes of the Board Meeting.

Unit 4

Amalgamation and winding up: Merger and demerger- Amalgamation- Introduction of Compromises, Arrangement- Winding up- meaning, types and procedure – Payment of liabilities in the event of winding up- role of official liquidator.

Unit 5

Offenses and penalties of Company under Companies Act 2013 – Global Trends and Developments in Company Law. Case Laws, Case Studies and Practical Aspects

Course Objective:

To gain proficiency in Company Law and regulations.

Course Outcome:

 CO1: To understand basic concepts of company and related documents.

CO2: To understand the rules regarding different types of Shares & Membership of companies.

CO3: To know the functions of directors and conduction of company meetings.

CO4: To gain knowledge about amalgamation and winding of companies

CO5:     To     analyse     the     global     trends     and    developments     in     Company     Law

TEXTBOOKS:

1. C.Garg, V.K.Sareen,MukeshSharmaandChawla–BusinessLaw,KalyaniPublishers
2. C.Kuchal–MercantileLaw,SultanChandandSons
3. C A Kamal Garg, Bharat’s Corporate and Allied Laws, 2013
4. Institute of Company Secretaries of India, Companies Act 2013, CCH Wolter Kluver Business, 2013

REFERENCEBOOKS:

1. Thulsian–BusinessLaw,TataMcGrawHill
2. C.Shukla–MercantileLaw,S.ChandandCo Gulshan–MercantileLaw,ExcelBooks