CORPORATE LAWS

Paper Code: 
EATG 416
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcomes

Learning and teaching strategies

Assessment Strategies

1. CO 116: To create an insight about the fundamental concept and basic features of the Company form of Business in India

CO 117: To create a learning about the Procedure and know-how’s of registering a Company in both Public as well as Private format in India also to comprehend and appropriately use the basic legal documents essential for operations and management of company.

CO 118: To Analyze various administrative positions in Indian companies and provisions related to them also to Discover different provisions related to the company secretary described in companies Act. 

CO 119: To Examine secretarial functions relating to share allotment, forfeiture, transfer and transmission. Students will discover provisions relating to dividend and its distribution. 

CO 120: To Explore about different type of company meetings and provisions required for holding a valid company meeting. 

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.

 
 
10.00

Unit I: Introduction to Company- 10 hrs
Definition and essential characteristics.
Lifting of corporate veil- under statutory provisions and under judicial interpretations.
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
Section 8 Company

8.00

Incorporation and formation of a company- 08 hrs
Registration Procedure, Promoters-functions, duties and liabilities
Memorandum of Association- (Definition, Clauses)
Articles of Association- (Definition, Provisions)
Prospectus: Definition, Contents, Provisions regarding issue of Prospectus,
Concepts of shares, Types of shares (Equity shares, Preference shares),
Debentures, Types of debentures
Winding Up of Company

9.00

Company Management 09 hrs
Key managerial personnel, Directors, Board of Directors, Powers, Liabilities, Appointment and Removal of Company Directors.
Company Secretary
Position in company, importance, liabilities, Duties of company secretary.

9.00

Secretarial functions with regards to- 09 hrs
Allotment of shares
Forfeiture and reissue of forfeited shares
Payment of dividend
Transfer and Transmission of shares

9.00

Provision relating to Company Meetings 09 hrs
Company meetings (Annual General Meeting, Extraordinary General Meeting)
Basic Provisions relating to -Resolutions, Notices, Agenda, Quorum, Minutes, Proxy

Essential Readings: 

ESSENTIAL READINGS
Majumdar, A. K. and Kapoor, G. K., Student’s guide to Company Law. Taxmann Publications (P) Ltd., New Delhi
Singh, A. Indian Company Law. Eastern Book Company
Nolakha, R.L., Company Law. Ramesh Book Depot, Jaipur

References: 

SUGGESTED READINGS:
Datey, V.S., Business and Corporate Laws, Taxmann Allied Services Pvt. Ltd., NewDelhi.
Kuchhal, MC, Company Law and Secretarial Practice, Vikas Publishing House, New Delhi
Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi
e- RESOURCES:
ICSI executive level study material - https://www.icsi.edu/media/webmodules/23112021_Company_Law.pdf
ICAI intermediate level study material
https://www.icai.org/post.html?post_id=16944

JOURNALS
The Indian Journal of Commerce
IUP Journal of Corporate Governance

Academic Year: 
2023-2024
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