Course Objective:
This course will enable the students to develop knowledge and skills in the understanding of the general legal framework within which international business takes place, and of specific legal areas relating to business, recognizing the need to seek further specialist legal advice where necessary.
Course Outcomes (Cos):
Course Code |
Course title |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
24AAF213 |
Corporate and Business Laws- II (Theory) |
CO55: Comprehend provisions of Companies Act to study the formation of company along with acceptance of deposits and registration of charges. CO56: Attain the knowledge regarding the procedure of membership in a company and also decipher the meaning of directors and their committees. CO57: Analyze the meaning of Employment Law CO58: Acquire and apply knowledge about company, share capital and loan capital , company meetings and auditors CO59: Assemble knowledge about winding up and liquidation of companies CO60: Contribute effectively in course – specific interaction. |
Approach in teaching: Learning activities for the students: |
Class test, Semester end examinations, Quiz, Assignments, Class interaction, Presentation, Case study analysis, Open ended questions, think-pair-share, Socratic seminar |
• Essential Features of Company
• Doctrine of Ultra-vires, Doctrine of Indoor Management, Concept of Corporate Veil Applicability of the Companies Act, Definitions and Key Concepts
• Prospectus and Allotment of Securities, Share Capital and Debentures
• Acceptance of Deposits by companies ,
• Registration of Charges, Management and Administration, Accounts of Companies, Audit and Auditors
Appointment
• Legal positions, powers and duties; removal of directors
• Key managerial personnel, managing director, manager
• Meetings of shareholders and board; Types of meeting, convening and conduct of meetings, postal ballot, meeting through video conferencing, e-voting
Committees of Board of Directors
• Audit Committee, Nomination and Remuneration Committee,
• Stakeholders Relationship Committee, Corporate Social Responsibility Committee.
• The formation and constitution of a company- Duties of promoters
• Article of association, , Memorandum of Association, Appointment and Qualifications of Directors,
• Appointment and remuneration of Managerial Personnel, Meetings of Board and its powers, Inspection, inquiry and Investigation
• Types of shares- Rights issue- bonus issue- Issue of Shares at discount or premium, Declaration and payment of Dividend, Registration of Charge
• Loan capital - Debenture- Fixed and floating charges
• Management, administration of Company directors - Other company officers
• Company meetings and resolutions
• Provisions relating to Books of Account,
• Provisions relating to Audit, Auditors' Appointment,
• Report, Secretarial Audit.
• Voluntary liquidation- Compulsory liquidation- Insolvency and administration
• Corporate fraudulent and criminal behavior –Legal control over insider dealing
• Compounding of offences, Adjudication, Special Courts ,National Company Law Tribunal and Appellate Tribunal
1. Corporate and Economic Law by Pankaj Garj ,Taxmann
2. Majumdar, A. K. and Kapoor, G. K., Student’s guide to Company Law. Taxmann Publications (P) Ltd., New Delhi
3. Singh, A. Indian Company Law. Eastern Book Company
4. Nolakha, R.L., Company Law. Ramesh Book Depot, Jaipur
1. Company Law by Avtar Singh - Eastern Book Company
2. Datey, V.S., Business and Corporate Laws, Taxmann Allied Services Pvt. Ltd., NewDelhi.
3. Kuchhal, MC, Company Law and Secretarial Practice, Vikas Publishing House, New Delhi
4. Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi
E-Content:
1. https://www.icsi.edu/media/webmodules/publications/FinalCLStudy.pdf
2. https://www.bloomsburyprofessional.com/uk/law/company-law/
3. https://www.waterstones.com/category/business-finance-law/law/company-co...
4. https://lawanswered.com/shop/llb-company-law-case-book
5. https://www.google.com/aclk?
Reference Journals:
1. https://journals.sagepub.com/