Company Law Principles and Concepts-I

Paper Code: 
24BCS116
Credits: 
03
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

This course will enable the students to gain conceptual understanding on the principles and provisions of the Company Law.

 

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

title

 

24BCS116

 

Company Law Principles and Concepts-I(Theory)

CO 1: Develop understanding about the companies act, 2013, Corporate veil, Doctrine of Ultra-vires, Indoor Management, Doctrine of Constructive Notice and MCA 21.

CO 2:Analyze the regulatory and broader procedural aspects involved in different types of companies covered under Companies act, 2013 and rules made thereunder.

CO 3:Appraise the importance of memorandum of association, article of association and prospectus in a company.

CO 4:Explore the concept of issue and redemption of different types of share by a company.

CO 5:Discover the relationship between company and different stakeholders.

CO 6:Contribute effectively in course – specific interaction.

Approach in

teaching: Interactive Lectures, Discussions, Tutorials, Problem solving sessions, Presentations

 

 

Learning activities for the students: Self-learning assignments, Case Study Analysis, Presentations, Group Discussions

 

Continuous Assessment Test, Semester End Examinations, Quiz, Assignments, Class Presentations, Individual and group projects.

 

9.00
Unit I: 
Introduction to Company Law
  • Jurisprudence of Company Law,
  • Doctrine of Ultra-vires, Doctrine of Indoor Management, Doctrine of Constructive Notice,
  • Concept of Corporate Veil,
  • Applicability of the Companies Act,
  • Definitions and Key Concepts,
  • MCA 21.

 

9.00
Unit II: 
Legal Status and Types of Registered Companies
  • ·       Legal Status of Registered Companies: Corporate Personality, Perpetual succession, Separate property, Transferability of shares, Capacity to sue or be sued.
  • Types of Registered Companies: Private Company, Public Company, Small Company, Holding Company, Subsidiary Company, Associate Company, Dormant Company, Government Compan
9.00
Unit III: 
Corporate Governance: Memorandum, Articles, Share Alteration and Capital

Memorandum and Articles of Association and its Alteration

·       Memorandum of Association and Articles of Association,

·       Incorporation Contracts,

·       Alteration in MOA & AOA.

Shares and Share Capital-Concepts

·       Meaning and Types of Capital,

·       Issue and Allotment,

·       Issue of Share Certificates,

·       Further Issue of Share Capital,

Issue of shares on Private and Preferential basis

9.00
Unit IV: 
Shares and Share Capital-Concepts
  • ·       Rights issue and Bonus Shares,
  • ·       Sweat Equity Shares and ESOPs,
  • ·       Issue and Redemption of Preference Shares,
  • ·       Transfer and Transmission of Securities,
  • ·       Buyback of Securities, Reduction of Share Capital,
  • ·       Payment of Stamp Duty,
  •         Registers and Records
9.00
Unit V: 
Members and Shareholders
  • How to become a Member,
  • Register of Members,
  • Declaration of Beneficial Interest,
  • Significant Beneficial  Owner,
  • Rectification of Register of Members,
  • Rights of Members,
  • Variation of Shareholders’ Rights.

 

Essential Readings: 

Essential Readings:

  1. Study Material Published by ICSI

 

References: 

Suggested Readings:

  1. Scanner-Arun Kumar (Shuchita Prakashans (P) Ltd
  2. "Ramaiya Guide to Companies Act" by A. Ramaiya
  3. Company Law by Avtar Singh
  4. Company Law by Dr. Sanjeev Gupta

E- Content:

  1. https://www.icsi.edu/media/webmodules/23112021_Company_Law.pdf
  2. https://www.icsi.edu/e-journals/

 

 

Academic Year: 
2024-2025
  • Printer-friendly version
  • PDF version