Advance Company Law and Practice-I

Paper Code: 
BCS 411
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquire expert knowledge of the practical and procedural aspects of the Companies Act

9.00
Unit I: 
Company Formation and Conversion

• Choice of Form of Business Entity; Conversion/ Re-conversion of One Form of Business Entity into Another
• Incorporation of Private Companies, Public Companies, Companies Limited by Guarantee and Unlimited Companies and their Conversions/ Reconversion/Re-registration
• Formation of Nidhi Companies, Producer Companies and Mutual Benefit Funds
• Commencement of Business and New Business; Pre Incorporation
Agreements and Contracts
• Formation of Non Profit Companies
• Procedure Relating to Foreign Companies Carrying on Business in India

9.00
Unit II: 
Procedure for Alteration of Memorandum and Articles

• Alteration of Various Clauses of Memorandum: Name Clause, Situation of Registered Office Clause, Objects Clause, Capital Clause and Liability Clause
• Effects of Alteration of Articles

9.00
Unit III: 
Procedure for Issue of Securities

Part A: Shares
• Public Issue, Rights Issue and Bonus Shares, Issue of Shares at
Par/Premium/Discount; Issue of Shares on Preferential /Private Placement Basis
• Allotment, Calls on Shares and Issue of Certificates
• Issue of Sweat Equity Shares, Employees Stock Option Scheme (ESOPs), Employees Stock Purchase Scheme (ESPS), Shares with Differential Voting Rights
• Issue and Redemption of Preference Shares
• Alteration of Share Capital - Forfeiture of Shares and Reissue of Forfeited Shares; Increase, Consolidation, Conversion and Re-conversion into Stock, Subdivision and Cancellation and Surrender of Shares
• Buy Back of Shares
• Reduction of Share Capital

9.00
Unit IV: 
Part B: Debt Instruments

• Issue of Debentures and Bonds, Creation of Security and Debenture Redemption Reserve, Drafting of Debenture Trust Deed, Redemption of Debentures, Conversion of Debentures into Shares
• Deposits

9.00
Unit V: 
Procedure relating to Membership, Transfer and Transmission

• Induction of Members, Nomination of Shares, Variation of Shareholders’ Rights, Cessation of Membership including Dispute Resolution
• Transfer/Transmission/Transposition
• Admission of Securities in Electronic Mode
• Dematerialization/ Rematerialisation of Securities
• Compliances relating to Insider Trading and Takeovers
Directors and Managerial Personnel
• Obtaining DIN
• Directors and Managerial Personnel- Appointment, Reappointment, Resignation, Removal and Varying Terms of Appointment/Re-appointment
• Payment of Remuneration to Directors and Managerial Personnel and Disclosures thereof; Compensation for Loss of Office
• Waiver of Recovery of Remuneration
• Making Loans to Directors, Disclosure of Interest by a Director, Holding of Office or Place of Profit by a Director/Relative
• Company Secretary - Appointment, Resignation and Removal
• Company Secretary in Practice - Appointment, Resignation and Removal

References: 

. Study Material Published by ICSI
2. Scanner-Arun Kumar (Suchitra Prakashan (P) Ltd
3. Guide to Company Law: M.C Bhandari( Wadhwa & Company Agra & Nagpur)
4. Company Law Procedure: K.V Shanbhogue( Bharat Law House)
5. Company Procedure and Registrar of Companies: M.L Sharma(Tax Publishers Delhi)
6. Company Notices, Meetings and Resolutions-A.M Chakroborti, B.P Bhargava (Taxmann New Delhi)
7. Guide to Companies Act: A Ramiya( Wadhwa & Company Nagpur)
8. Company Law Procedures: S Kannan, V.S Sowrirajan (Taxmann New Delhi)
9. E Filing of Forms and Returns-D.K jain
10. E Company Forms; Taxmann
11. Insider Trading-ICSI Publication)

Academic Year: 
2016-2017
  • Printer-friendly version
  • PDF version