Company Laws (Theory)

Paper Code: 
ATG/BSG/FSG/BSR/FSM/HRG/IBG 313
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

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 OUTCOMES (COs):

Course

Learning outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

ATG/BSG/FSG/BSR

/FSM/

HRG/IBG 313

 

 

 

Company Laws

CO 1:Understand the fundamental concept  and basic features  of the Company form of Business in India

CO 2: Describe the Procedure and know-how’s  of registering a Company in both Public as well as Private format in India

CO 3: Learn about the mandatory documents required for a valid company, such as Memorandum of Association, Articles of Association, Prospectus etc.

CO 4:Understand the Instruments of Finance Raising used by any Company such as Shares & Debentures and the basic provisions relating to them.

CO 5:Learn the modes and procedure of Winding Up of any Company.

Approach in teaching:

Class room Lecture (Theory/ Using Powerpoint Presentation) /Discussions using Leading Case laws/

Learning activities for the students:

 

Role Play activities/ Moot Court/Group Discussions/ Class presentation 

Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.

 

 

9.00
Unit I: 
Company
  • Definition and essential characteristics.
  •  Lifting of corporate veil- under statutory provisions and under judicial interpretations.

 

9.00
Unit II: 
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

 

9.00
Unit III: 
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

 

9.00
Unit IV: 
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

 

9.00
Unit V: 
Membership in a company
  • difference between a member and shareholder,
  • contributory (Definition),
  • Winding up of Company 
References: 
  • 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 BookCompany
  • Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur
  • Kuchhal, MC, Company Law and Secretarial Practice, Vikas Publishing House, NewDelhi
  • Krishnamurti, D.S.R., Company Law, Taxmann, NewDelhi

 

 

Academic Year: 
2020-2021
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