Corporate Law

Paper Code: 
PPA 123
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
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, functions, duties and liabilities, methods of remuneration

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

7.00

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

11.00

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) 

Essential Readings: 

 

  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
  1. Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur
  2. Mathew, M.J., Company Law, RBSA Publishers, Jaipur
  3. Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi, 2007

 

Academic Year: 
2019-2020
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