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Company Law
The objective of this course is to provide knowledge of the Indian Companies Act, the regulatory framework governing the functioning of companies in India
Course Outcome(COs):
Course
Learning Outcome
(at course level)
Learning and teaching strategies
Assessment Strategies
Paper Code
Paper Title
COM 303
Company Law
CO 91 To create an insight about the fundamental concept and basic features of the Company form of Business in India
CO 92 To create a learning about the Procedure and know-how’s of registering a Company in both Public as well as Private format in India
CO 93 To analyze the mandatory documents required for a valid company, such as Memorandum of Association, Articles of Association, Prospectus etc.
CO 94 To create and Understanding the Instruments of Finance Raising used by any Company such as Shares & Debentures and the basic provisions relating to them.
CO 95 To Learn the modes and procedure of Winding Up of any Company
Class room Lecture (Theory/ Using Powerpoint Presentation) /Discussions using Leading Case laws/
Role Play activities/ Moot Court/Group Discussions/ Class presentation
Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.
Company- Definition and essential characteristics. Lifting of corporate veil- under statutory provisions and under judicial interpretations.
Classification of companies
• Public company Private company(Definition, characteristics, Privileges and concessions to private companies
• 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
Majumdar, A. K. and Kapoor, G. K., Student’s guide to Company Law, Taxmann Publications (P) Ltd., New Delhi
Singh, Avtar, Indian Company Law, Eastern Book Company
Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur
Kuchhal, MC, Company Law and Secretarial Practice, Vikas Publishing House, New Delhi
Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi
