Corporate Law

Paper Code: 
PPA 123
Credits: 
3
Contact Hours: 
45.00
Objective: 

The Course aims at providing knowledge of the Indian Companies Act, 1956, the regulatory framework governing the functioning of companies in India. .

9.00
Unit I: 

Definition, Essential characteristics and classification of companies.

Lifting of corporate veil.

9.00
Unit II: 
  • Public companies (Definition & characteristics)
  • Private companies (Definition & characteristics)
  • Government companies (Definition only)
  • Foreign companies (Definition only)

Privileges and concessions to private companies.
 

9.00
Unit III: 

Incorporation and formation of a company Promoters, unctions, Duties and Liabilities, Methods of remuneration.

Concepts of shares, Types of shares (Equity shares, Preference shares), debentures, Types of debentures

7.00
Unit IV: 

Memorandum of association, Articles of association, prospectus, Statement in lieu of prospectus.

11.00
Unit V: 

Membership in a company, difference between a member and shareholder, Contributory (Definition).

Winding up of Company (Voluntary, Under Court’s Supervision, Compulsory by the Court).

References: 
  1. Majumdar,A.K. and Kapoor, G. K., Student’s guide to Company Law, Taxmann Publications (P) Ltd., New Delhi
  2. Singh, Avtar, Indian Company Law, Eastern Book Company
  3. Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur
  4. Mathew, M.J., Company Law, RBSA Publishers, Jaipur
  5. Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi, 2007
     
Academic Year: 
2018-2019
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